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

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

10 day averaged volume of Mahalaxmi Sm is 2520

Date Daily Closing Price Open High Low Volume
06 Mon May 2024 10.25 10.25 10.25 10.25 0.198 times
03 Fri May 2024 10.25 10.25 10.25 10.25 0.063 times
30 Tue Apr 2024 10.77 11.43 11.43 10.77 0.028 times
26 Fri Apr 2024 11.31 11.31 11.31 11.31 0.06 times
24 Wed Apr 2024 11.31 11.31 11.31 11.31 0.02 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.8, but if it comes above 10.8, then a intra day buy could be more profitable.
If you take a sell trade below 10.8, then use 10.8 as stoploss and 9.2 as target. However if you take a buy trade in stock , then use 10.8 as stoploss and 12.07 as target.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type Value
Downside Target 8.31
Downside Target 9.50
Downside Target 10.25
Upside Target 10.77
Upside Target 11.21
Upside Target 11.80
Upside Target 11.89
Upside Target 12.70
Upside Target 12.71
Upside Target 13.99
Upside Target 14.70
Upside Target 14.75

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type Value
Downside Intraday Target 10.25
Downside Intraday Target 10.25
Downside Intraday Target 10.25
Downside Intraday Target 10.25
Downside Intraday Target 10.25

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date Weekly Closing Price Open High Low Volume
06 Mon May 2024 10.25 10.25 10.25 10.25 2.193 times
03 Fri May 2024 10.25 11.43 11.43 10.25 0.14 times
26 Fri Apr 2024 11.31 11.89 11.89 11.30 0.067 times
19 Fri Apr 2024 11.89 14.00 14.70 11.86 1.283 times
12 Fri Apr 2024 14.00 13.37 14.75 12.71 0.811 times

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

Monthly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date Monthly Closing Price Open High Low Volume
06 Mon May 2024 10.25 10.25 10.25 10.25 0.01 times
30 Tue Apr 2024 10.77 11.02 14.75 10.77 3.113 times
28 Thu Mar 2024 10.50 11.21 11.21 8.31 1.033 times
21 Wed Feb 2024 11.80 13.33 13.99 11.80 0.331 times

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 Sm (MahalaxmiSm)

Indicator Name Indicator Value Indicator Signal
ADX 24, 48, 33 Sell
MACD -0, 0Sell
Stochastics 0Sell
CCI -118Sell
RSI 52Buy
OBV 19808Sell
VWAP 13Sell
ADL 0Sell
ROC -23Sell
Force Index 0Sell

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Sm ( (MahalaxmiSm) ) 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 Sm ( (MahalaxmiSm) ) 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 Sm ( (MahalaxmiSm) ) 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 Sm stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Mahalaxmi Sm Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Mahalaxmi Sm in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.79 and Mahalaxmi Sm (MahalaxmiSm) 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 Sm (MahalaxmiSm) stock. Volume based technical analysis of Mahalaxmi Sm (MahalaxmiSm) stock is negative.

Mahalaxmi Sm Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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