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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)

Showing technical analysis as on 2024-01-12 View latest technical analysis

10 day averaged volume of Mahaan Foods is 3940

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	42.57	41.85	43.75	39.51	1.213 times
11 Thu Jan 2024	41.86	39.00	42.70	38.10	2.373 times
10 Wed Jan 2024	39.00	38.40	39.55	38.40	0.547 times
09 Tue Jan 2024	38.17	39.20	39.20	38.00	1.127 times
08 Mon Jan 2024	38.10	39.55	39.55	38.00	0.135 times
05 Fri Jan 2024	38.59	38.17	40.00	38.17	0.545 times
04 Thu Jan 2024	38.95	39.50	40.00	38.15	1.399 times
03 Wed Jan 2024	38.70	37.06	39.00	37.05	1.682 times
02 Tue Jan 2024	38.00	37.00	39.50	36.70	1.145 times
01 Mon Jan 2024	37.40	37.90	37.90	36.66	0.869 times

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 41.5, for a target of 39.9 or 38.51

Share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Target	26.50
Downside Target	27.50
Downside Target	28.10
Downside Target	30.00
Downside Target	32.50
Downside Target	34.85
Downside Target	35.95
Downside Target	38.00
Downside Target	39.50
Downside Target	40.00
Downside Target	40.40
Upside Target	43.75

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Intraday Target	39.13
Downside Intraday Target	35.69
Upside Intraday Target	44.88
Upside Intraday Target	47.19
Downside Intraday Target	41.44

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	42.57	39.55	43.75	38.00	0.957 times
05 Fri Jan 2024	38.59	37.90	40.00	36.66	3.773 times
29 Fri Dec 2023	37.57	38.00	39.50	36.00	1.041 times
22 Fri Dec 2023	38.49	40.00	40.00	36.00	0.346 times
15 Fri Dec 2023	38.10	38.00	40.40	36.00	1.018 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
12 Fri Jan 2024	42.57	37.90	43.75	36.66	0.853 times
29 Fri Dec 2023	37.57	33.00	40.40	32.50	0.793 times
30 Thu Nov 2023	34.04	31.90	35.95	28.10	1.259 times
31 Tue Oct 2023	31.11	28.04	34.85	27.50	0.542 times

Scroll below to view daily charts

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)

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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 negative zone. This is the SELL zone

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.61 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.