Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-23 View latest technical analysis

10 day averaged volume of Maithan Alloys is 78951

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1110.50	1113.00	1128.40	1094.50	1.088 times
22 Thu Feb 2024	1114.05	1094.85	1122.00	1080.00	0.863 times
21 Wed Feb 2024	1093.90	1075.00	1109.00	1070.00	1.115 times
20 Tue Feb 2024	1076.55	1050.15	1094.00	1045.45	0.8 times
19 Mon Feb 2024	1051.45	1057.00	1068.30	1042.00	0.441 times
16 Fri Feb 2024	1056.30	1057.00	1077.00	1045.55	0.775 times
15 Thu Feb 2024	1052.80	1041.00	1060.20	1031.75	1.377 times
14 Wed Feb 2024	1031.70	1001.10	1043.00	1001.10	0.428 times
13 Tue Feb 2024	1019.95	1036.00	1040.05	1007.95	1.17 times
12 Mon Feb 2024	1033.10	1099.00	1103.00	1021.00	1.559 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1109.5, but if it comes below 1109.5, then a intra day sell could be more profitable.
If you take a sell trade below 1109.5, then use 1109.5 as stoploss and 1080.29 as target. However if you take a buy trade in stock , then use 1109.5 as stoploss and 1144.5 as target.

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	982.80
Downside Target	1042.00
Downside Target	1092.10
Upside Target	1128.40
Upside Target	1129.25
Upside Target	1139.00
Upside Target	1140.00
Upside Target	1142.65
Upside Target	1240.00
Upside Target	1335.50

Intraday share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Intraday Target	1058.87
Downside Intraday Target	1007.23
Upside Intraday Target	1145.27
Upside Intraday Target	1180.03
Downside Intraday Target	1093.63

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1110.50	1057.00	1128.40	1042.00	0.811 times
16 Fri Feb 2024	1056.30	1099.00	1103.00	1001.10	0.89 times
09 Fri Feb 2024	1076.70	1090.05	1139.00	1059.05	0.697 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

Price has moved up 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
23 Fri Feb 2024	1110.50	1097.00	1140.00	1001.10	0.723 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 up 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Maithan Alloys in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Maithan Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Maithan Alloys in short term and BUY signal is strong.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1063.66 and Maithan Alloys (MAITHANALL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.