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

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

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

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 13744

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	231.95	238.00	238.00	225.00	0.642 times
19 Fri Apr 2024	231.00	220.00	231.00	210.00	3.468 times
22 Fri Mar 2024	279.40	272.00	284.90	271.50	0.554 times
21 Thu Mar 2024	279.15	275.05	279.95	270.15	0.509 times
20 Wed Mar 2024	269.15	263.40	280.00	263.40	0.307 times
19 Tue Mar 2024	274.05	270.90	279.95	266.50	0.088 times
18 Mon Mar 2024	274.85	262.40	275.75	262.40	0.029 times
15 Fri Mar 2024	267.75	274.20	274.20	265.10	0.772 times
14 Thu Mar 2024	274.20	265.00	275.00	252.00	1.807 times
13 Wed Mar 2024	265.00	275.00	275.00	256.45	2.28 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 236.5, for a target of 258.6 or 276.93

Share price targets for Mahalaxmi Rubtech (MHLXMIRU_BE)

Target Type	Value
Downside Target	210.00
Downside Target	225.00
Downside Target	231.00
Upside Target	238.00
Upside Target	252.00
Upside Target	258.00
Upside Target	280.00
Upside Target	292.00
Upside Target	294.90
Upside Target	295.80
Upside Target	304.00
Upside Target	315.00
Upside Target	320.00

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU_BE)

Target Type	Value
Downside Intraday Target	225.3
Downside Intraday Target	218.65
Upside Intraday Target	238.3
Upside Intraday Target	244.65
Downside Intraday Target	231.65

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	231.95	238.00	238.00	225.00	0.185 times
19 Fri Apr 2024	231.00	220.00	231.00	210.00	2.331 times
22 Fri Mar 2024	279.40	262.40	284.90	262.40	0.289 times
15 Fri Mar 2024	267.75	288.00	292.00	252.00	0.962 times
07 Thu Mar 2024	292.00	293.00	304.00	281.50	1.349 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 Mahalaxmi Rubtech (MHLXMIRU_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	231.95	220.00	238.00	210.00	0.314 times
22 Fri Mar 2024	279.40	300.00	304.00	252.00	0.946 times
29 Thu Feb 2024	292.75	294.90	294.90	258.00	0.618 times
31 Wed Jan 2024	287.70	318.15	320.00	280.00	3.242 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_BE)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU_BE) ) based on a short 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_BE) ) 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_BE) ) 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mahalaxmi Rubtech in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mahalaxmi Rubtech in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Mahalaxmi Rubtech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 255.17 and Mahalaxmi Rubtech (MHLXMIRU_BE) 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_BE) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU_BE) 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.