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(MAITHANALL) Maithan Alloys complete technical analysis [charts+indicators] | Buy/Sell Maithan Alloys | (MAITHANALL) share price targets

Complete technical analysis of Maithan Alloys (MAITHANALL) by charts plus indicators, forecast predictions and share price targets for Maithan Alloys (MAITHANALL)

Showing technical analysis as on 2024-02-05 View latest technical analysis

10 day averaged volume of Maithan Alloys is 108974

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1084.80	1090.05	1128.00	1079.10	1.314 times
02 Fri Feb 2024	1091.90	1096.00	1140.00	1077.00	2.657 times
01 Thu Feb 2024	1093.35	1097.00	1108.05	1064.40	0.848 times
31 Wed Jan 2024	1094.80	1098.00	1116.00	1074.00	1.196 times
30 Tue Jan 2024	1094.15	1098.00	1128.85	1082.00	0.694 times
29 Mon Jan 2024	1090.80	1080.00	1116.90	1079.00	0.81 times
25 Thu Jan 2024	1074.60	1073.95	1084.65	1062.55	0.649 times
24 Wed Jan 2024	1067.80	1071.20	1088.35	1056.85	0.939 times
23 Tue Jan 2024	1068.85	1130.00	1130.00	1062.10	0.82 times
22 Mon Jan 2024	1120.00	1132.65	1142.65	1110.50	0.294 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1081.9 as stoploss in an intra day buy trade for a target of 1131.16. However, stock will show a bearish move below 1081.9.

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	982.80
Downside Target	1007.70
Downside Target	1056.85
Upside Target	1140.00
Upside Target	1142.65
Upside Target	1162.05
Upside Target	1209.00
Upside Target	1240.00
Upside Target	1335.50

Intraday share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Intraday Target	1066.6
Downside Intraday Target	1048.4
Upside Intraday Target	1115.5
Upside Intraday Target	1146.2
Upside Intraday Target	1097.3

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1084.80	1090.05	1128.00	1079.10	0.212 times
02 Fri Feb 2024	1091.90	1080.00	1140.00	1064.40	2.296 times
25 Thu Jan 2024	1074.60	1132.65	1142.65	1056.85	0.688 times
19 Fri Jan 2024	1123.10	1188.05	1209.00	1112.10	0.637 times
12 Fri Jan 2024	1189.15	1175.70	1240.00	1162.05	1.239 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Maithan Alloys (MAITHANALL)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1084.80	1097.00	1140.00	1064.40	0.236 times
31 Wed Jan 2024	1094.80	1209.00	1240.00	1056.85	0.648 times
29 Fri Dec 2023	1190.70	1092.10	1335.50	1092.10	3.316 times
30 Thu Nov 2023	1091.80	1040.80	1129.25	1007.70	1.39 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Maithan Alloys (MAITHANALL)

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Maithan Alloys stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Maithan Alloys in short term and the sell signal is strong.

Maithan Alloys Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Maithan Alloys in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Maithan Alloys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1087.16 and Maithan Alloys (MAITHANALL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Maithan Alloys (MAITHANALL) stock. Volume based technical analysis of Maithan Alloys (MAITHANALL) stock is negative.

Maithan Alloys Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.