(MahanInd) Mahan Ind complete technical analysis [charts+indicators] | Buy/Sell Mahan Ind | (MahanInd) share price targets
Complete technical analysis of Mahan Ind (MahanInd) by charts plus indicators, forecast predictions and share price targets for Mahan Ind (MahanInd)
Showing technical analysis as on 2024-10-23 View latest technical analysis
10 day averaged volume of Mahan Ind is 25337
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 2.75 | 2.75 | 2.75 | 2.70 | 2.062 times |
| 22 Tue Oct 2024 | 2.75 | 2.70 | 2.75 | 2.70 | 2.266 times |
| 21 Mon Oct 2024 | 2.75 | 2.75 | 2.75 | 2.75 | 0.615 times |
| 18 Fri Oct 2024 | 2.80 | 2.80 | 2.81 | 2.80 | 1.527 times |
| 17 Thu Oct 2024 | 2.85 | 2.81 | 2.85 | 2.81 | 0.21 times |
| 16 Wed Oct 2024 | 2.86 | 2.91 | 2.91 | 2.86 | 0.326 times |
| 15 Tue Oct 2024 | 2.91 | 2.87 | 2.91 | 2.87 | 1.514 times |
| 14 Mon Oct 2024 | 2.87 | 2.87 | 2.87 | 2.87 | 0.191 times |
| 11 Fri Oct 2024 | 2.82 | 2.82 | 2.82 | 2.82 | 0.992 times |
| 10 Thu Oct 2024 | 2.77 | 2.77 | 2.77 | 2.77 | 0.496 times |
Stock of Mahan Ind (MahanInd) has showed a significant fall. This could be a good time to exit from this stock.
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 2.7 as stoploss in an intra day buy trade for a target of 2.89. However, stock will show a bearish move below 2.7.
Share price targets for Mahan Ind (MahanInd)
| Target Type | Value |
| Downside Target | 1.91 |
| Downside Target | 2.16 |
| Downside Target | 2.21 |
| Downside Target | 2.66 |
| Upside Target | 2.89 |
| Upside Target | 2.94 |
| Upside Target | 3.00 |
| Upside Target | 3.06 |
| Upside Target | 3.30 |
| Upside Target | 3.48 |
| Upside Target | 3.55 |
| Upside Target | 3.60 |
Intraday share price targets for Mahan Ind (MahanInd)
| Target Type | Value |
| Downside Intraday Target | 2.72 |
| Downside Intraday Target | 2.68 |
| Upside Intraday Target | 2.77 |
| Upside Intraday Target | 2.78 |
| Downside Intraday Target | 2.73 |
Weekly technical analysis of Mahan Ind (MahanInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 2.75 | 2.75 | 2.75 | 2.70 | 1.312 times |
| 18 Fri Oct 2024 | 2.80 | 2.87 | 2.91 | 2.80 | 0.885 times |
| 11 Fri Oct 2024 | 2.82 | 2.79 | 2.82 | 2.69 | 3.484 times |
| 03 Thu Oct 2024 | 2.89 | 3.00 | 3.00 | 2.89 | 0.946 times |
| 27 Fri Sep 2024 | 3.06 | 3.30 | 3.30 | 3.06 | 0.118 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 Mahan Ind (MahanInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 2.75 | 2.94 | 2.94 | 2.69 | 0.251 times |
| 30 Mon Sep 2024 | 3.00 | 3.33 | 3.55 | 2.66 | 0.852 times |
| 30 Fri Aug 2024 | 3.33 | 3.28 | 3.48 | 2.75 | 0.817 times |
| 31 Wed Jul 2024 | 3.34 | 2.16 | 3.60 | 2.16 | 3.723 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 Mahan Ind (MahanInd)
Price action analysis of Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mahan Ind in short term and the sell signal is strong.
Mahan 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 Mahan Ind in short term
RSI is generating a BUY signal in short term but buying is losing 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 Mahan 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 2.8 and Mahan Ind (MahanInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mahan Ind (MahanInd) stock. Volume based technical analysis of Mahan Ind (MahanInd) stock is negative.
Mahan Ind Stock is giving positive 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.
Price action analysis of Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind ( (MahanInd) ) 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 Mahan Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mahan Ind in short term and the sell signal is strong.
Mahan 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 Mahan Ind in short term
RSI is generating a BUY signal in short term but buying is losing 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 Mahan 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 2.8 and Mahan Ind (MahanInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mahan Ind (MahanInd) stock. Volume based technical analysis of Mahan Ind (MahanInd) stock is negative.
Mahan Ind Stock is giving positive 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.
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