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(MHLXMIRU) Mahalaxmi Rubtech complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Rubtech | (MHLXMIRU) share price targets

Complete technical analysis of Mahalaxmi Rubtech (MHLXMIRU) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Showing technical analysis as on 2024-06-19 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 23166

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	206.74	213.34	213.34	205.00	0.454 times
18 Tue Jun 2024	210.66	210.00	214.00	210.00	0.421 times
14 Fri Jun 2024	210.06	216.90	216.90	208.00	0.691 times
13 Thu Jun 2024	211.40	222.84	222.84	210.11	0.554 times
12 Wed Jun 2024	215.40	217.95	218.99	209.38	0.911 times
11 Tue Jun 2024	212.77	213.10	221.80	212.00	0.695 times
10 Mon Jun 2024	213.05	217.05	225.00	210.00	1.735 times
07 Fri Jun 2024	211.40	217.85	217.85	207.40	0.931 times
06 Thu Jun 2024	208.25	202.05	212.45	202.05	0.306 times
05 Wed Jun 2024	203.70	200.00	205.75	189.75	2.126 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 202.5 as stoploss in an intra day buy trade for a target of 212.08. However, stock will show a bearish move below 202.5.

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	185.50
Downside Target	201.05
Upside Target	214.00
Upside Target	225.00
Upside Target	234.75
Upside Target	257.50
Upside Target	283.70
Upside Target	284.00
Upside Target	290.60
Upside Target	322.25
Upside Target	334.95
Upside Target	376.00

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	203.16
Downside Intraday Target	199.58
Upside Intraday Target	212.16
Upside Intraday Target	217.58
Upside Intraday Target	208.58

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	206.74	210.00	214.00	205.00	0.191 times
14 Fri Jun 2024	210.06	217.05	225.00	208.00	0.761 times
07 Fri Jun 2024	211.40	212.00	219.95	185.50	1.449 times
31 Fri May 2024	210.15	228.05	234.75	208.30	0.116 times
24 Fri May 2024	224.75	212.00	257.50	201.05	5.885 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 Mahalaxmi Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	206.74	212.00	225.00	185.50	0.118 times
31 Fri May 2024	210.15	218.20	290.60	201.05	1.516 times
18 Thu Apr 2024	318.50	290.50	376.00	284.00	2.031 times
28 Thu Mar 2024	291.15	307.95	334.95	283.70	0.362 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 Mahalaxmi Rubtech (MHLXMIRU)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mahalaxmi Rubtech 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.

Mahalaxmi Rubtech 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. Bulls are getting tired and bears 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 Mahalaxmi Rubtech in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Stock of Mahalaxmi Rubtech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 209.9 and Mahalaxmi Rubtech (MHLXMIRU) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mahalaxmi Rubtech (MHLXMIRU) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU) stock is negative.

Mahalaxmi Rubtech 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.