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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 11556

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 51.73 42.25 51.73 42.25 9.334 times
07 Tue May 2024 43.11 45.00 45.00 43.06 0.069 times
06 Mon May 2024 44.23 44.00 44.24 43.11 0.068 times
03 Fri May 2024 43.15 45.00 45.00 43.00 0.022 times
02 Thu May 2024 44.60 44.85 44.85 44.60 0.054 times

Stock of Mahaan Foods (MahaanFoods) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 49.1, for a target of 46 or 43.35

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 34.03
Downside Target 36.00
Downside Target 41.02
Downside Target 45.00
Downside Target 45.94
Downside Target 47.00
Downside Target 47.20
Downside Target 48.50
Downside Target 49.94
Downside Target 51.73

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 45.41
Downside Intraday Target 39.09
Upside Intraday Target 54.89
Upside Intraday Target 58.05
Downside Intraday Target 48.57

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 51.73 44.00 51.73 42.25 23.332 times
03 Fri May 2024 43.15 42.50 45.00 42.50 1.053 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

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 Mahaan Foods (MahaanFoods)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 51.73 44.85 51.73 42.25 1.347 times
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

Price has moved up 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 Mahaan Foods (MahaanFoods)

Indicator Name Indicator Value Indicator Signal
ADX 40, 10, 61 Buy
MACD 3, 2Buy
Stochastics 62None
CCI 301Buy
RSI 63Buy
OBV 178769Sell
VWAP 51Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

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

Price action analysis of Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods ( (MahaanFoods) ) based on a short to mid 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 mid to longer 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.

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. Bulls 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 and the buying is gaining 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 51.2 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

Click here for further forecast and predictions for tomorrow

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