Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 52494

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	175.68	167.61	179.79	167.61	0.256 times
14 Wed Aug 2024	169.08	182.68	182.68	167.00	0.736 times
13 Tue Aug 2024	181.35	182.90	192.40	180.10	0.256 times
12 Mon Aug 2024	185.48	189.90	193.40	185.00	0.664 times
09 Fri Aug 2024	188.96	188.15	195.00	185.99	2.435 times
08 Thu Aug 2024	188.15	190.31	191.66	187.01	0.699 times
07 Wed Aug 2024	188.33	192.79	194.23	187.01	2.194 times
06 Tue Aug 2024	189.36	197.35	199.26	189.00	1.613 times
05 Mon Aug 2024	195.35	199.45	199.45	190.47	0.249 times
02 Fri Aug 2024	199.45	197.64	206.29	195.01	0.711 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 172.9, for a target of 183.2 or 191.73

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	167.00
Upside Target	185.50
Upside Target	193.40
Upside Target	199.45
Upside Target	205.01
Upside Target	206.29
Upside Target	209.80
Upside Target	225.00
Upside Target	233.59
Upside Target	284.00
Upside Target	290.60
Upside Target	376.00

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	163.99
Downside Intraday Target	152.29
Upside Intraday Target	190.39
Upside Intraday Target	205.09
Upside Intraday Target	178.69

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	175.68	189.90	193.40	167.00	0.266 times
09 Fri Aug 2024	188.96	199.45	199.45	185.99	2.83 times
02 Fri Aug 2024	199.45	204.00	209.80	195.01	1.266 times
26 Fri Jul 2024	199.94	198.00	204.31	185.60	0.446 times
19 Fri Jul 2024	194.93	198.32	205.01	186.35	0.888 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
16 Fri Aug 2024	175.68	202.00	206.29	167.00	0.401 times
31 Wed Jul 2024	197.58	202.81	233.59	185.60	3.683 times
28 Fri Jun 2024	199.82	212.00	225.00	185.50	0.162 times
31 Fri May 2024	210.15	218.20	290.60	201.05	1.516 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 Mahalaxmi Rubtech (MHLXMIRU)

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 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 Mahalaxmi Rubtech stock for short term is SELL. Signal strength is Strong and stock is losing 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mahalaxmi Rubtech 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mahalaxmi Rubtech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 187.48 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.