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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 2024-08-01 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 20253

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	197.54	202.00	202.00	196.50	1.151 times
31 Wed Jul 2024	197.58	204.00	204.00	197.02	0.795 times
30 Tue Jul 2024	200.97	208.80	208.80	199.01	0.997 times
29 Mon Jul 2024	204.97	204.00	209.80	199.75	1.798 times
26 Fri Jul 2024	199.94	196.27	204.31	196.27	0.486 times
25 Thu Jul 2024	196.27	198.58	199.99	195.11	0.545 times
24 Wed Jul 2024	193.38	195.38	195.74	191.01	2.913 times
23 Tue Jul 2024	192.42	194.93	197.24	185.60	0.848 times
22 Mon Jul 2024	195.43	198.00	198.00	195.02	0.409 times
19 Fri Jul 2024	194.93	201.86	201.86	193.92	0.347 times

My analysis of stock is bearish for shortterm, and stock might move down till 194.7 or till 189.7. Use a stoploss of 198.9 and if the stock hits stoploss, then it can shoot up till 203.07

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	185.50
Downside Target	196.50
Upside Target	205.01
Upside Target	209.00
Upside Target	209.80
Upside Target	225.00
Upside Target	233.59
Upside Target	284.00
Upside Target	290.60
Upside Target	376.00

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	192.76
Downside Intraday Target	187.98
Upside Intraday Target	206.06
Upside Intraday Target	214.58
Upside Intraday Target	201.28

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	197.54	204.00	209.80	196.50	0.912 times
26 Fri Jul 2024	199.94	198.00	204.31	185.60	0.446 times
19 Fri Jul 2024	194.93	198.32	205.01	186.35	0.888 times
12 Fri Jul 2024	198.32	209.00	209.00	197.50	0.401 times
05 Fri Jul 2024	206.36	202.81	233.59	197.01	8.069 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
01 Thu Aug 2024	197.54	202.00	202.00	196.50	0.017 times
31 Wed Jul 2024	197.58	202.81	233.59	185.60	3.683 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 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 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

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 197.45 and Mahalaxmi Rubtech (MHLXMIRU) 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 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.