(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 2024-11-21 View latest technical analysis
10 day averaged volume of Mahan Ind is 80620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 2.35 | 2.31 | 2.37 | 2.20 | 2.24 times |
| 19 Tue Nov 2024 | 2.26 | 2.25 | 2.28 | 2.18 | 1.454 times |
| 18 Mon Nov 2024 | 2.18 | 2.18 | 2.20 | 2.00 | 4.439 times |
| 14 Thu Nov 2024 | 2.10 | 2.10 | 2.10 | 2.10 | 0.379 times |
| 13 Wed Nov 2024 | 2.21 | 2.34 | 2.34 | 2.21 | 0.298 times |
| 12 Tue Nov 2024 | 2.32 | 2.32 | 2.32 | 2.32 | 0.37 times |
| 11 Mon Nov 2024 | 2.44 | 2.44 | 2.44 | 2.44 | 0.742 times |
| 08 Fri Nov 2024 | 2.56 | 2.63 | 2.63 | 2.56 | 0.57 times |
| 07 Thu Nov 2024 | 2.69 | 2.76 | 2.76 | 2.69 | 0.909 times |
| 06 Wed Nov 2024 | 2.83 | 2.83 | 2.91 | 2.83 | 0.478 times |
Stock of Mahan Ind (MahanInd) has showed a significant upmove. This could be a good time to enter in 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 2.3 as stoploss in an intra day buy trade for a target of 2.7. However, stock will show a bearish move below 2.3.
Share price targets for Mahan Ind (MahanInd)
| Target Type | Value |
| Downside Target | 2.00 |
| Downside Target | 2.10 |
| Downside Target | 2.16 |
| Upside Target | 2.37 |
| Upside Target | 2.44 |
| Upside Target | 2.56 |
| Upside Target | 2.66 |
| Upside Target | 2.85 |
| Upside Target | 3.22 |
| Upside Target | 3.30 |
| Upside Target | 3.44 |
| 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 | 2.11 |
| Downside Intraday Target | 1.87 |
| Upside Intraday Target | 2.48 |
| Upside Intraday Target | 2.61 |
| Downside Intraday Target | 2.24 |
Weekly technical analysis of Mahan Ind (MahanInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 2.35 | 2.18 | 2.37 | 2.00 | 4.545 times |
| 14 Thu Nov 2024 | 2.10 | 2.44 | 2.44 | 2.10 | 0.542 times |
| 08 Fri Nov 2024 | 2.56 | 3.44 | 3.44 | 2.56 | 0.614 times |
| 01 Fri Nov 2024 | 3.28 | 2.99 | 3.30 | 2.85 | 2.223 times |
| 25 Fri Oct 2024 | 2.85 | 2.75 | 2.85 | 2.70 | 2.041 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mahan Ind (MahanInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 2.35 | 3.30 | 3.44 | 2.00 | 1.446 times |
| 31 Thu Oct 2024 | 3.15 | 2.94 | 3.22 | 2.69 | 0.558 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 |
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 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 Mahan Ind ( (MahanInd) ) 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahan Ind 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 buy signal for Mahan Ind in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mahan Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.32 and Mahan Ind (MahanInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative 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 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 Mahan Ind ( (MahanInd) ) 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahan Ind 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 buy signal for Mahan Ind in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mahan Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.32 and Mahan Ind (MahanInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative 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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