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(MANAKSTEEL_BE) Manaksia Steels complete technical analysis [charts+indicators] | Buy/Sell Manaksia Steels | (MANAKSTEEL_BE) share price targets

Complete technical analysis of Manaksia Steels (MANAKSTEEL_BE) by charts plus indicators, forecast predictions and share price targets for Manaksia Steels (MANAKSTEEL_BE)

Showing technical analysis as on 2025-05-26 View latest technical analysis

10 day averaged volume of Manaksia Steels is 22431

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon May 2025	61.69	62.89	62.89	61.50	0.253 times
23 Fri May 2025	61.82	62.49	62.99	61.10	0.133 times
22 Thu May 2025	62.95	64.80	64.80	61.61	0.363 times
21 Wed May 2025	62.56	63.99	63.99	62.00	0.448 times
20 Tue May 2025	63.74	64.42	64.48	61.70	0.463 times
19 Mon May 2025	64.42	64.00	65.00	63.51	1.185 times
16 Fri May 2025	62.98	59.99	62.98	59.01	3.38 times
15 Thu May 2025	59.99	60.79	61.78	59.60	0.966 times
14 Wed May 2025	60.87	64.70	64.70	59.10	1.953 times
13 Tue May 2025	61.79	62.49	62.99	60.93	0.78 times

My analysis of stock is bullish for shortterm, and stock might move up till 63.7 or till 67. Use a stoploss of 60.97 and if this stock hits its stoploss, then it can fall down till 58.21

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	51.65
Downside Target	53.90
Downside Target	56.00
Downside Target	59.01
Downside Target	61.10
Upside Target	64.50
Upside Target	64.70
Upside Target	64.95
Upside Target	65.00
Upside Target	66.89
Upside Target	67.49
Upside Target	70.95

Intraday share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Intraday Target	61.16
Downside Intraday Target	60.64
Upside Intraday Target	62.55
Upside Intraday Target	63.42
Upside Intraday Target	62.03

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon May 2025	61.69	62.89	62.89	61.50	0.098 times
23 Fri May 2025	61.82	64.00	65.00	61.10	0.35 times
16 Fri May 2025	62.98	59.90	64.70	59.01	1.802 times
09 Fri May 2025	57.23	64.50	66.89	56.52	7.717 times
02 Fri May 2025	64.74	64.51	67.49	64.50	0.065 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 Manaksia Steels (MANAKSTEEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Mon May 2025	61.69	64.51	67.49	56.52	0.659 times
12 Fri Jul 2024	55.46	57.00	62.48	53.90	1.562 times
28 Fri Jun 2024	54.67	54.95	57.45	51.65	0.747 times
31 Fri May 2024	54.90	59.25	64.95	52.00	0.781 times

Scroll below to view daily charts

Price has moved up 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 Manaksia Steels (MANAKSTEEL_BE)

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) 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 Manaksia Steels ( (MANAKSTEEL_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) 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 Manaksia Steels stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Manaksia Steels in short term but the sell signal is initial and weak.

Manaksia Steels Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Manaksia Steels in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Manaksia Steels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.32 and Manaksia Steels (MANAKSTEEL_BE) 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 Manaksia Steels (MANAKSTEEL_BE) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL_BE) stock is negative.

Manaksia Steels Stock is giving positive 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.