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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 2024-08-20 View latest technical analysis

10 day averaged volume of Mahaan Foods is 1492

Date Daily Closing Price Open High Low Volume
20 Tue Aug 2024 58.95 58.92 59.90 56.00 1.381 times
19 Mon Aug 2024 58.91 58.80 61.80 57.00 2.804 times
16 Fri Aug 2024 60.00 63.78 63.78 58.50 0.443 times
14 Wed Aug 2024 60.80 58.25 61.00 58.25 1.013 times
13 Tue Aug 2024 58.25 62.00 62.00 58.22 0.334 times
12 Mon Aug 2024 61.25 61.00 61.90 58.40 0.511 times
09 Fri Aug 2024 61.00 63.89 63.89 61.00 1.121 times
08 Thu Aug 2024 63.90 64.00 64.00 61.01 0.883 times
07 Wed Aug 2024 64.00 64.50 64.50 62.00 0.66 times
06 Tue Aug 2024 65.00 64.80 65.00 64.00 1.834 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.6, but if it comes above 60.6, then a intra day buy could be more profitable.
If you take a sell trade below 60.6, then use 60.6 as stoploss and 55.7 as target. However if you take a buy trade in stock , then use 60.6 as stoploss and 64.68 as target.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 36.00
Downside Target 42.25
Downside Target 46.00
Downside Target 47.20
Downside Target 51.00
Downside Target 54.00
Downside Target 56.00
Downside Target 58.22
Upside Target 61.00
Upside Target 67.35
Upside Target 68.00
Upside Target 69.25
Upside Target 71.45
Upside Target 72.10
Upside Target 92.34

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 56.03
Downside Intraday Target 53.12
Upside Intraday Target 61.83
Upside Intraday Target 64.72
Downside Intraday Target 58.92

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
20 Tue Aug 2024 58.95 58.80 61.80 56.00 1.819 times
16 Fri Aug 2024 60.00 61.00 63.78 58.22 0.47 times
09 Fri Aug 2024 61.00 68.00 68.00 61.00 0.646 times
02 Fri Aug 2024 68.00 67.51 72.10 67.35 0.425 times
26 Fri Jul 2024 67.51 66.74 71.45 63.00 1.675 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 Mahaan Foods (MahaanFoods)

Date Monthly Closing Price Open High Low Volume
20 Tue Aug 2024 58.95 69.25 69.25 56.00 0.075 times
31 Wed Jul 2024 69.25 53.50 92.34 51.00 8.136 times
28 Fri Jun 2024 52.50 53.75 54.00 46.00 0.085 times
31 Fri May 2024 50.38 44.85 63.00 42.25 4.71 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 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 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 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 Strong and stock is gaining momentum.

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

Mahaan Foods 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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahaan Foods 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 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 61.16 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 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 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 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 Strong and stock is gaining momentum.

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

Mahaan Foods 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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahaan Foods 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 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 61.16 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.

Click here for Mahaan Foods charts

Click here for further forecast and predictions for tomorrow

Daily charts

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