(MHLXMIRU) Mahalaxmi Rubtech complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Rubtech | (MHLXMIRU) share price targets
Complete technical analysis of Mahalaxmi Rubtech (MHLXMIRU) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Rubtech (MHLXMIRU)
10 day averaged volume of Mahalaxmi Rubtech is 131690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 210.25 | 214.00 | 214.50 | 210.00 | 0.139 times |
| 16 Thu May 2024 | 210.75 | 216.85 | 216.85 | 210.00 | 0.081 times |
| 15 Wed May 2024 | 212.35 | 217.00 | 219.20 | 207.65 | 0.294 times |
| 14 Tue May 2024 | 210.85 | 214.00 | 220.00 | 210.00 | 0.251 times |
| 13 Mon May 2024 | 215.50 | 210.50 | 224.15 | 210.50 | 0.251 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 220.2, but if it comes above 220.2, then a intra day buy could be more profitable.
If you take a sell trade below 220.2, then use 220.2 as stoploss and 158.5 as target. However if you take a buy trade in stock , then use 220.2 as stoploss and 271.62 as target.
Share price targets for Mahalaxmi Rubtech (MHLXMIRU)
| Target Type | Value |
| Downside Target | 189.05 |
| Downside Target | 206.35 |
| Upside Target | 216.00 |
| Upside Target | 224.15 |
| Upside Target | 262.95 |
| Upside Target | 283.70 |
| Upside Target | 290.60 |
| Upside Target | 296.50 |
| Upside Target | 305.50 |
| Upside Target | 322.25 |
| Upside Target | 334.95 |
| Upside Target | 348.50 |
| Upside Target | 376.00 |
Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)
| Target Type | Value |
| Downside Intraday Target | 203.88 |
| Downside Intraday Target | 197.52 |
| Upside Intraday Target | 220.38 |
| Upside Intraday Target | 230.52 |
| Upside Intraday Target | 214.02 |
Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 210.25 | 210.50 | 224.15 | 207.65 | 0.113 times |
| 10 Fri May 2024 | 211.25 | 218.20 | 290.60 | 206.35 | 1.599 times |
| 18 Thu Apr 2024 | 318.50 | 325.00 | 376.00 | 305.50 | 1.278 times |
| 12 Fri Apr 2024 | 322.00 | 302.05 | 348.50 | 296.50 | 3.443 times |
| 05 Fri Apr 2024 | 301.40 | 290.50 | 310.00 | 284.00 | 0.23 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 Mahalaxmi Rubtech (MHLXMIRU)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 210.25 | 218.20 | 290.60 | 206.35 | 0.886 times |
| 18 Thu Apr 2024 | 318.50 | 290.50 | 376.00 | 284.00 | 2.031 times |
| 28 Thu Mar 2024 | 291.15 | 307.95 | 334.95 | 283.70 | 0.362 times |
| 21 Thu Dec 2023 | 311.35 | 220.00 | 322.25 | 216.00 | 2.41 times |
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 Mahalaxmi Rubtech (MHLXMIRU)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 26, 11 | Sell |
| MACD | -28, -15 | Sell |
| Stochastics | 4 | Sell |
| CCI | -70 | Sell |
| RSI | 47 | Sell |
| OBV | -450263 | Sell |
| VWAP | 236 | Sell |
| ADL | 0 | Sell |
| ROC | -34 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mahalaxmi Rubtech in short term and the sell signal is strong.
Mahalaxmi Rubtech 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Rubtech in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mahalaxmi Rubtech is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 235.65 and Mahalaxmi Rubtech (MHLXMIRU) 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 Mahalaxmi Rubtech (MHLXMIRU) stock. Volume based technical analysis of Mahalaxmi Rubtech (MHLXMIRU) stock is negative.
Mahalaxmi Rubtech 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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