Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-21 View latest technical analysis

10 day averaged volume of Mahaan Foods is 2817

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	42.50	42.03	45.44	42.03	0.545 times
20 Tue Feb 2024	44.71	45.90	45.90	44.00	1.083 times
19 Mon Feb 2024	43.88	42.00	43.98	40.00	1.059 times
16 Fri Feb 2024	40.06	39.05	41.99	39.05	0.325 times
15 Thu Feb 2024	41.45	40.80	41.99	39.05	0.974 times
14 Wed Feb 2024	39.97	39.31	41.00	34.70	2.258 times
13 Tue Feb 2024	39.31	44.00	44.00	39.01	0.857 times
12 Mon Feb 2024	44.00	45.05	45.50	42.05	0.678 times
09 Fri Feb 2024	45.00	46.05	46.05	44.00	0.888 times
08 Thu Feb 2024	47.05	48.00	48.25	46.10	0.972 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.9 as stoploss in an intra day buy trade for a target of 44.48. However, stock will show a bearish move below 41.9.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Target	27.50
Downside Target	28.10
Downside Target	32.50
Downside Target	34.70
Downside Target	35.95
Downside Target	40.00
Downside Target	42.05
Upside Target	44.00
Upside Target	45.50
Upside Target	45.90
Upside Target	48.50
Upside Target	49.94

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Intraday Target	39.7
Downside Intraday Target	36.9
Upside Intraday Target	45.6
Upside Intraday Target	48.7
Upside Intraday Target	42.8

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	42.50	42.00	45.90	40.00	0.528 times
16 Fri Feb 2024	40.06	45.05	45.50	34.70	0.78 times
09 Fri Feb 2024	45.00	46.95	49.94	44.00	0.865 times
02 Fri Feb 2024	46.65	47.25	48.50	44.02	1.801 times
25 Thu Jan 2024	45.80	43.52	45.88	42.05	0.347 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
21 Wed Feb 2024	42.50	45.69	49.94	34.70	0.452 times
31 Wed Jan 2024	46.86	37.90	48.50	36.66	2.037 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

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 Mahaan Foods (MahaanFoods)

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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mahaan Foods in short term but the sell signal is initial and weak.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahaan Foods in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 42.63 and Mahaan Foods (MahaanFoods) 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 Mahaan Foods (MahaanFoods) stock. Volume based technical analysis of Mahaan Foods (MahaanFoods) stock is negative.

Mahaan Foods Stock has given negative 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.