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

(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 2024-07-04 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 57843

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	202.06	206.00	207.59	201.60	2.244 times
03 Wed Jul 2024	202.74	205.00	208.90	202.00	2.337 times
02 Tue Jul 2024	202.81	198.87	233.59	198.87	5.837 times
01 Mon Jul 2024	198.87	202.81	203.39	197.01	0.122 times
28 Fri Jun 2024	199.82	202.50	205.10	197.01	0.154 times
27 Thu Jun 2024	199.49	208.70	208.70	198.05	0.293 times
26 Wed Jun 2024	201.49	206.00	207.78	200.11	0.255 times
25 Tue Jun 2024	207.42	205.52	209.00	201.02	0.29 times
24 Mon Jun 2024	202.90	210.15	221.39	198.00	0.428 times
21 Fri Jun 2024	205.95	214.55	214.55	204.00	0.098 times

Stock of Mahalaxmi Rubtech (MHLXMIRU) has showed a significant fall. This could be a good time to exit from this stock.

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 201.7 as stoploss in an intra day buy trade for a target of 206.57. However, stock will show a bearish move below 201.7.

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	185.50
Downside Target	197.01
Downside Target	201.05
Upside Target	215.00
Upside Target	219.95
Upside Target	233.59
Upside Target	283.70
Upside Target	284.00
Upside Target	290.60
Upside Target	334.95
Upside Target	376.00

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	188.18
Downside Intraday Target	174.31
Upside Intraday Target	224.76
Upside Intraday Target	247.47
Upside Intraday Target	210.89

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	202.06	202.81	233.59	197.01	7.422 times
28 Fri Jun 2024	199.82	210.15	221.39	197.01	2.241 times
21 Fri Jun 2024	205.95	210.00	215.00	204.00	0.345 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	202.06	202.81	233.59	197.01	1.672 times
28 Fri Jun 2024	199.82	212.00	225.00	185.50	0.162 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech stock for short term is BUY. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Mahalaxmi Rubtech in short term and SELL 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 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 202.61 and Mahalaxmi Rubtech (MHLXMIRU) 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 Mahalaxmi Rubtech (MHLXMIRU) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU) stock is negative.

Mahalaxmi Rubtech 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.