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 2024-10-18 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 11143

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	158.92	157.95	160.95	153.99	0.645 times
17 Thu Oct 2024	157.95	163.99	164.38	154.02	1.914 times
16 Wed Oct 2024	160.98	166.04	168.58	158.47	1.613 times
15 Tue Oct 2024	165.61	170.73	170.75	160.25	0.722 times
14 Mon Oct 2024	166.64	166.14	171.07	166.10	0.473 times
11 Fri Oct 2024	167.05	169.61	171.50	166.10	1 times
10 Thu Oct 2024	170.56	168.87	173.99	168.00	1.095 times
09 Wed Oct 2024	165.09	163.35	166.87	159.92	0.624 times
08 Tue Oct 2024	159.41	157.00	164.00	152.00	0.474 times
07 Mon Oct 2024	153.36	163.47	164.77	150.60	0.87 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 160.2, but if it comes above 160.2, then a intra day buy could be more profitable.
If you take a sell trade below 160.2, then use 160.2 as stoploss and 155.3 as target. However if you take a buy trade in stock , then use 160.2 as stoploss and 164.25 as target.

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	150.60
Downside Target	153.99
Upside Target	159.01
Upside Target	164.05
Upside Target	174.50
Upside Target	175.99
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	151.58
Downside Intraday Target	144.25
Upside Intraday Target	168.66
Upside Intraday Target	178.41
Upside Intraday Target	161.33

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	158.92	166.14	171.07	153.99	1.321 times
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

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
18 Fri Oct 2024	158.92	170.00	173.99	150.60	0.569 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 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 gaining momentum.

MACD generated a SELL signal for Mahalaxmi Rubtech in short term and the sell signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahalaxmi Rubtech in short term and SELL signal is strong!

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 162.11 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.