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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 2024-06-12 View latest technical analysis

10 day averaged volume of Maithan Alloys is 90746

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	1205.30	1228.00	1244.25	1200.50	0.527 times
11 Tue Jun 2024	1221.40	1192.80	1246.00	1192.80	0.938 times
10 Mon Jun 2024	1204.95	1161.00	1240.00	1161.00	1.132 times
07 Fri Jun 2024	1161.30	1158.20	1175.25	1138.45	0.458 times
06 Thu Jun 2024	1141.10	1134.05	1178.90	1132.90	0.534 times
05 Wed Jun 2024	1134.40	1105.00	1175.95	1055.50	1.361 times
04 Tue Jun 2024	1102.20	1180.00	1180.00	1048.00	2.434 times
03 Mon Jun 2024	1165.50	1159.05	1172.95	1143.00	0.794 times
31 Fri May 2024	1137.65	1164.90	1168.95	1121.10	0.865 times
30 Thu May 2024	1166.25	1215.00	1242.95	1155.00	1.131 times

My analysis of stock is bearish for shortterm, and stock might move down till 1150.9 or till 1076.7. Use a stoploss of 1212.79 and if the stock hits stoploss, then it can shoot up till 1274.63

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	955.00
Downside Target	990.15
Downside Target	1048.00
Downside Target	1121.10
Upside Target	1232.50
Upside Target	1246.00
Upside Target	1252.85
Upside Target	1283.95
Upside Target	1347.00
Upside Target	1349.00
Upside Target	1359.00

Intraday share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Intraday Target	1162.2
Downside Intraday Target	1119.1
Upside Intraday Target	1247.2
Upside Intraday Target	1289.1
Downside Intraday Target	1204.1

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	1205.30	1161.00	1246.00	1161.00	0.465 times
07 Fri Jun 2024	1161.30	1159.05	1180.00	1048.00	1.649 times
31 Fri May 2024	1137.65	1250.00	1252.85	1121.10	0.88 times
24 Fri May 2024	1240.45	1349.00	1349.00	1232.50	0.676 times
18 Sat May 2024	1319.40	1200.00	1347.00	1159.55	0.937 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
12 Wed Jun 2024	1205.30	1159.05	1246.00	1048.00	0.296 times
31 Fri May 2024	1137.65	1266.70	1359.00	1121.10	0.96 times
30 Tue Apr 2024	1255.00	994.95	1283.95	990.15	2.575 times
28 Thu Mar 2024	980.40	1073.00	1130.00	955.00	0.568 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 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 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.

ADX buy sell signal for Maithan Alloys stock for short term is SELL. Signal strength is Weak and stock is losing 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 SELL signal for Maithan Alloys in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 1154.04 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.