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

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

10 day averaged volume of Mastek is 4019

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 2518.05 2526.90 2555.00 2498.00 0.369 times
07 Tue May 2024 2523.65 2552.05 2587.00 2513.00 0.776 times
06 Mon May 2024 2575.70 2584.85 2620.00 2535.95 0.379 times
03 Fri May 2024 2584.85 2667.30 2667.30 2576.35 0.964 times
02 Thu May 2024 2651.25 2692.60 2714.70 2636.70 0.673 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2574.3, but if it comes above 2574.3, then a intra day buy could be more profitable.
If you take a sell trade below 2574.3, then use 2574.3 as stoploss and 2480.7 as target. However if you take a buy trade in stock , then use 2574.3 as stoploss and 2652.26 as target.

Share price targets for Mastek (Mastek)

Target Type Value
Downside Target 2446.15
Upside Target 2576.35
Upside Target 2714.70
Upside Target 2774.75
Upside Target 2818.60
Upside Target 2819.40
Upside Target 2999.60
Upside Target 3066.10
Upside Target 3100.25
Upside Target 3147.00

Intraday share price targets for Mastek (Mastek)

Target Type Value
Downside Intraday Target 2470.7
Downside Intraday Target 2423.35
Upside Intraday Target 2592.7
Upside Intraday Target 2667.35
Upside Intraday Target 2545.35

Weekly technical analysis of Mastek (Mastek)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 2518.05 2584.85 2620.00 2498.00 0.371 times
03 Fri May 2024 2584.85 2819.40 2819.40 2576.35 0.46 times
26 Fri Apr 2024 2773.50 2737.20 2818.60 2622.15 0.622 times
19 Fri Apr 2024 2699.65 2446.15 3100.25 2446.15 5.615 times
12 Fri Apr 2024 2614.80 2480.05 2669.10 2480.05 0.82 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 Mastek (Mastek)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 2518.05 2692.60 2714.70 2498.00 0.1 times
30 Tue Apr 2024 2692.60 2500.65 3100.25 2446.15 2.338 times
28 Thu Mar 2024 2535.85 2875.05 2999.60 2480.65 0.421 times
29 Thu Feb 2024 2920.75 2780.55 3147.00 2774.75 0.733 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 Mastek (Mastek)

Indicator Name Indicator Value Indicator Signal
ADX 18, 26, 18 Sell
MACD -65, -39Sell
Stochastics 8Sell
CCI -116Sell
RSI 61Buy
OBV 11474Sell
VWAP 2689Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mastek ( (Mastek) ) 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 Mastek ( (Mastek) ) 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 Mastek ( (Mastek) ) based on a short to mid 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 Mastek ( (Mastek) ) 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 Mastek stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Mastek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Mastek in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mastek is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2689.43 and Mastek (Mastek) 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 Mastek (Mastek) stock. Volume based technical analysis of Mastek (Mastek) stock is negative.

Mastek 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.

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