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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 2024-11-06 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 10206

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	157.99	159.75	159.75	156.07	0.536 times
05 Tue Nov 2024	155.92	160.87	161.99	154.75	0.974 times
04 Mon Nov 2024	161.97	164.00	164.45	159.41	0.829 times
01 Fri Nov 2024	160.90	159.99	164.00	158.00	0.346 times
31 Thu Oct 2024	157.49	152.50	159.40	150.51	2.614 times
30 Wed Oct 2024	152.28	151.52	159.45	149.45	1.245 times
29 Tue Oct 2024	150.99	159.50	159.99	149.07	0.821 times
28 Mon Oct 2024	151.17	149.45	152.00	140.87	0.908 times
25 Fri Oct 2024	141.57	149.56	153.44	138.50	1.453 times
24 Thu Oct 2024	151.57	155.00	155.00	148.10	0.51 times

My analysis of stock is bullish for shortterm, and stock might move up till 164.3 or till 172.4. Use a stoploss of 157.52 and if this stock hits its stoploss, then it can fall down till 150.75

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	138.50
Downside Target	150.60
Downside Target	153.99
Upside Target	160.45
Upside Target	164.00
Upside Target	171.07
Upside Target	173.99
Upside Target	178.85
Upside Target	185.60
Upside Target	208.34
Upside Target	233.59

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	153.68
Downside Intraday Target	149.36
Upside Intraday Target	163.38
Upside Intraday Target	168.76
Upside Intraday Target	159.06

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	157.99	164.00	164.45	154.75	0.394 times
01 Fri Nov 2024	160.90	149.45	164.00	140.87	1.828 times
25 Fri Oct 2024	141.57	157.35	160.45	138.50	0.554 times
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

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
06 Wed Nov 2024	157.99	159.99	164.45	154.75	0.125 times
31 Thu Oct 2024	157.49	170.00	173.99	138.50	0.968 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

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 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 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 to mid 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 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 gaining 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 tired and bears 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 153.57 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 rising upwards.

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 is giving positive 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.