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

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

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Madhus Ind is 5825

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	57.18	59.01	59.90	56.35	0.771 times
21 Wed Aug 2024	58.48	59.95	61.75	57.70	0.372 times
20 Tue Aug 2024	57.15	57.64	62.50	57.05	0.582 times
19 Mon Aug 2024	57.64	58.21	60.22	57.16	0.686 times
16 Fri Aug 2024	57.99	58.30	58.30	56.70	0.573 times
14 Wed Aug 2024	58.30	61.88	61.88	58.00	0.216 times
13 Tue Aug 2024	59.50	60.00	60.75	59.50	0.22 times
12 Mon Aug 2024	60.00	58.87	61.78	58.51	0.364 times
09 Fri Aug 2024	59.94	61.00	61.20	59.36	1.362 times
08 Thu Aug 2024	61.48	64.20	64.89	61.10	0.285 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.5, but if it comes above 57.5, then a intra day buy could be more profitable.
If you take a sell trade below 57.5, then use 57.5 as stoploss and 55.5 as target. However if you take a buy trade in stock , then use 57.5 as stoploss and 59.16 as target.

Share price targets for Madhus Ind (MadhusInd)

Target Type	Value
Downside Target	54.30
Downside Target	56.35
Upside Target	59.00
Upside Target	60.60
Upside Target	63.40
Upside Target	65.80
Upside Target	66.00
Upside Target	67.00
Upside Target	69.80
Upside Target	77.98
Upside Target	82.60

Intraday share price targets for Madhus Ind (MadhusInd)

Target Type	Value
Downside Intraday Target	54.85
Downside Intraday Target	52.53
Upside Intraday Target	61
Upside Intraday Target	64.83
Upside Intraday Target	58.68

Weekly technical analysis of Madhus Ind (MadhusInd)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	57.18	58.21	62.50	56.35	1.756 times
16 Fri Aug 2024	57.99	58.87	61.88	56.70	0.158 times
09 Fri Aug 2024	59.94	58.20	66.00	55.00	1.676 times
02 Fri Aug 2024	60.88	60.00	63.40	59.00	1.758 times
26 Fri Jul 2024	59.33	55.55	65.80	54.30	0.602 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 Madhus Ind (MadhusInd)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	57.18	62.00	66.00	55.00	0.679 times
31 Wed Jul 2024	60.29	64.55	67.00	54.30	0.924 times
28 Fri Jun 2024	62.01	65.65	69.80	56.35	1.691 times
31 Fri May 2024	66.95	71.00	77.98	61.30	0.32 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 Madhus Ind (MadhusInd)

Price action analysis of Madhus Ind ( (MadhusInd) ) 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 Madhus Ind ( (MadhusInd) ) 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 Madhus Ind ( (MadhusInd) ) 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 Madhus Ind ( (MadhusInd) ) 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 Madhus Ind stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Madhus Ind 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Madhus Ind in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Madhus Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.65 and Madhus Ind (MadhusInd) 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 Madhus Ind (MadhusInd) stock. Volume based technical analysis of Madhus Ind (MadhusInd) stock is negative.

Madhus Ind 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.