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(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 2024-10-11 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 10255

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	167.05	169.61	171.50	166.10	1.087 times
10 Thu Oct 2024	170.56	168.87	173.99	168.00	1.19 times
09 Wed Oct 2024	165.09	163.35	166.87	159.92	0.678 times
08 Tue Oct 2024	159.41	157.00	164.00	152.00	0.515 times
07 Mon Oct 2024	153.36	163.47	164.77	150.60	0.945 times
04 Fri Oct 2024	162.93	166.00	166.00	159.01	1.319 times
03 Thu Oct 2024	164.67	164.92	168.40	163.57	0.651 times
01 Tue Oct 2024	165.66	170.00	170.00	165.00	0.346 times
30 Mon Sep 2024	165.95	170.00	170.00	164.81	0.512 times
27 Fri Sep 2024	167.97	172.00	174.50	164.25	1.841 times

My analysis of stock is bullish for shortterm, and stock might move up till 170.6 or till 175.8. Use a stoploss of 166.3 and if this stock hits its stoploss, then it can fall down till 162

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	150.60
Downside Target	159.01
Downside Target	164.05
Upside Target	173.99
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	153.77
Downside Intraday Target	140.49
Upside Intraday Target	177.16
Upside Intraday Target	187.27
Downside Intraday Target	163.88

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	167.05	163.47	173.99	150.60	1.561 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	167.05	170.00	173.99	150.60	0.305 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 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 Mahalaxmi Rubtech (MHLXMIRU)

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short 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.

Price action analysis of Mahalaxmi Rubtech ( (MHLXMIRU) ) 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 Mahalaxmi Rubtech ( (MHLXMIRU) ) based on a short to mid 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 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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 164.81 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.