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(MahaanFoods) Mahaan Foods complete technical analysis [charts+indicators] | Buy/Sell Mahaan Foods | (MahaanFoods) share price targets

Complete technical analysis of Mahaan Foods (MahaanFoods) by charts plus indicators, forecast predictions and share price targets for Mahaan Foods (MahaanFoods)

10 day averaged volume of Mahaan Foods is 3157

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 44.00 43.76 44.46 43.24 0.159 times
29 Mon Apr 2024 43.76 42.50 44.90 42.50 1.052 times
26 Fri Apr 2024 43.41 44.00 44.00 42.00 0.115 times
25 Thu Apr 2024 44.14 44.99 44.99 42.60 0.293 times
24 Wed Apr 2024 42.67 42.30 43.99 42.30 0.04 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 44.2 as stoploss in an intra day sell trade for a target of 41.44. However, stock will show a bullish move above 44.2.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 32.50
Downside Target 34.03
Downside Target 36.00
Downside Target 39.00
Downside Target 40.40
Upside Target 44.90
Upside Target 45.94
Upside Target 47.00
Upside Target 47.20
Upside Target 48.50
Upside Target 49.94

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 42.7
Downside Intraday Target 41.4
Upside Intraday Target 45.1
Upside Intraday Target 46.2
Downside Intraday Target 43.8

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 44.00 42.50 44.90 42.50 0.859 times
26 Fri Apr 2024 43.41 43.50 45.94 42.00 0.186 times
19 Fri Apr 2024 43.50 47.20 47.20 41.02 0.545 times
12 Fri Apr 2024 44.13 37.71 47.00 37.00 7.674 times
05 Fri Apr 2024 37.71 36.00 39.00 36.00 2.706 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 Mahaan Foods (MahaanFoods)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 44.00 36.00 47.20 36.00 4.53 times
28 Thu Mar 2024 37.01 40.00 41.50 34.03 0.334 times
29 Thu Feb 2024 40.00 45.69 49.94 34.70 0.522 times
31 Wed Jan 2024 46.86 37.90 48.50 36.66 2.037 times

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

Indicators analysis of Mahaan Foods (MahaanFoods)

Indicator Name Indicator Value Indicator Signal
ADX 25, 11, 40 Buy
MACD 2, 2Buy
Stochastics 47None
CCI 45Buy
RSI 53Buy
OBV 71219Sell
VWAP 44Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods ( (MahaanFoods) ) based on a short to mid 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 Mahaan Foods ( (MahaanFoods) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mahaan Foods stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mahaan Foods in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahaan Foods 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mahaan Foods in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Stock of Mahaan Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.83 and Mahaan Foods (MahaanFoods) 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 Mahaan Foods (MahaanFoods) stock. Volume based technical analysis of Mahaan Foods (MahaanFoods) stock is negative.

Mahaan Foods Stock is giving positive 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.

Click here for Mahaan Foods charts

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