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 2024-10-09 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 10023

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	165.09	163.35	166.87	159.92	0.694 times
08 Tue Oct 2024	159.41	157.00	164.00	152.00	0.527 times
07 Mon Oct 2024	153.36	163.47	164.77	150.60	0.967 times
04 Fri Oct 2024	162.93	166.00	166.00	159.01	1.35 times
03 Thu Oct 2024	164.67	164.92	168.40	163.57	0.666 times
01 Tue Oct 2024	165.66	170.00	170.00	165.00	0.354 times
30 Mon Sep 2024	165.95	170.00	170.00	164.81	0.524 times
27 Fri Sep 2024	167.97	172.00	174.50	164.25	1.883 times
26 Thu Sep 2024	167.83	168.90	173.79	164.10	2.048 times
25 Wed Sep 2024	164.83	166.17	168.00	164.05	0.602 times

My analysis of stock is bearish for shortterm, and stock might move down till 162 or till 156.5. Use a stoploss of 166.61 and if the stock hits stoploss, then it can shoot up till 171.22

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	150.60
Downside Target	159.01
Downside Target	164.05
Upside Target	174.50
Upside Target	175.99
Upside Target	177.00
Upside Target	178.85
Upside Target	185.50
Upside Target	185.60
Upside Target	208.34
Upside Target	225.00
Upside Target	233.59

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	154.84
Downside Intraday Target	144.58
Upside Intraday Target	171.11
Upside Intraday Target	177.12
Downside Intraday Target	160.85

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	165.09	163.47	166.87	150.60	0.756 times
04 Fri Oct 2024	162.93	170.00	170.00	159.01	0.38 times
27 Fri Sep 2024	167.97	168.99	174.50	164.05	1.671 times
20 Fri Sep 2024	168.29	175.99	175.99	164.25	1.039 times
13 Fri Sep 2024	173.51	170.02	177.00	168.80	0.799 times

Price has moved up 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
09 Wed Oct 2024	165.09	170.00	170.00	150.60	0.202 times
30 Mon Sep 2024	165.95	174.00	178.85	164.05	0.176 times
30 Fri Aug 2024	173.33	202.00	208.34	167.00	0.955 times
31 Wed Jul 2024	197.58	202.81	233.59	185.60	3.683 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Mahalaxmi Rubtech in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahalaxmi Rubtech 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. 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 moving up

CCI has generated a buy signal for Mahalaxmi Rubtech 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 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 164.47 and Mahalaxmi Rubtech (MHLXMIRU) 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 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.