(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 2024-06-06 View latest technical analysis
10 day averaged volume of Mahaan Foods is 6629
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 49.04 | 47.50 | 50.00 | 46.26 | 0.47 times |
| 05 Wed Jun 2024 | 47.10 | 46.10 | 51.00 | 46.00 | 0.306 times |
| 04 Tue Jun 2024 | 49.90 | 53.00 | 53.00 | 49.00 | 0.402 times |
| 03 Mon Jun 2024 | 51.58 | 53.75 | 53.75 | 50.81 | 0.257 times |
| 31 Fri May 2024 | 50.38 | 52.95 | 52.95 | 50.00 | 0.97 times |
| 30 Thu May 2024 | 54.30 | 52.00 | 54.30 | 51.99 | 1.166 times |
| 29 Wed May 2024 | 52.76 | 55.00 | 55.00 | 52.61 | 0.075 times |
| 28 Tue May 2024 | 53.25 | 54.22 | 54.99 | 52.00 | 1.151 times |
| 27 Mon May 2024 | 54.21 | 52.00 | 54.50 | 52.00 | 0.188 times |
| 24 Fri May 2024 | 53.88 | 62.40 | 62.40 | 53.12 | 0.918 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 48.8 as stoploss in an intra day buy trade for a target of 51.42. However, stock will show a bearish move below 48.8.
Share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Target | 34.03 |
| Downside Target | 36.00 |
| Downside Target | 41.50 |
| Downside Target | 46.00 |
| Upside Target | 49.94 |
| Upside Target | 52.91 |
| Upside Target | 53.75 |
| Upside Target | 55.00 |
| Upside Target | 62.40 |
| Upside Target | 63.00 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 45.44 |
| Downside Intraday Target | 41.85 |
| Upside Intraday Target | 53.19 |
| Upside Intraday Target | 57.35 |
| Upside Intraday Target | 49.6 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 49.04 | 53.75 | 53.75 | 46.00 | 0.404 times |
| 31 Fri May 2024 | 50.38 | 52.00 | 55.00 | 50.00 | 0.578 times |
| 24 Fri May 2024 | 53.88 | 51.00 | 62.40 | 48.06 | 2.771 times |
| 18 Sat May 2024 | 50.00 | 50.31 | 52.91 | 46.30 | 0.048 times |
| 10 Fri May 2024 | 52.91 | 44.00 | 63.00 | 42.25 | 65.242 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 Mahaan Foods (MahaanFoods)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 49.04 | 53.75 | 53.75 | 46.00 | 0.025 times |
| 31 Fri May 2024 | 50.38 | 44.85 | 63.00 | 42.25 | 4.71 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 |
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 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 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 Mahaan Foods ( (MahaanFoods) ) 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mahaan Foods in short term but BUY 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
Although the stock is in the BUY zone, but buying 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 52.15 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.
Price action analysis of Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods ( (MahaanFoods) ) 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mahaan Foods in short term but BUY 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
Although the stock is in the BUY zone, but buying 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 52.15 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.
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