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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 2024-11-07 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 10447

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	155.01	156.63	158.68	153.36	0.815 times
06 Wed Nov 2024	157.99	159.75	159.75	156.07	0.524 times
05 Tue Nov 2024	155.92	160.87	161.99	154.75	0.951 times
04 Mon Nov 2024	161.97	164.00	164.45	159.41	0.809 times
01 Fri Nov 2024	160.90	159.99	164.00	158.00	0.338 times
31 Thu Oct 2024	157.49	152.50	159.40	150.51	2.554 times
30 Wed Oct 2024	152.28	151.52	159.45	149.45	1.216 times
29 Tue Oct 2024	150.99	159.50	159.99	149.07	0.802 times
28 Mon Oct 2024	151.17	149.45	152.00	140.87	0.887 times
25 Fri Oct 2024	141.57	149.56	153.44	138.50	1.42 times

My analysis of stock is bearish for shortterm, and stock might move down till 150.7 or till 143.3. Use a stoploss of 156.74 and if the stock hits stoploss, then it can shoot up till 162.83

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	138.50
Downside Target	150.60
Upside Target	160.45
Upside Target	164.00
Upside Target	167.00
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	150.76
Downside Intraday Target	146.52
Upside Intraday Target	161.85
Upside Intraday Target	168.7
Upside Intraday Target	157.61

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	155.01	164.00	164.45	153.36	0.535 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
07 Thu Nov 2024	155.01	159.99	164.45	153.36	0.164 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below 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 and the buying is gaining 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 153.78 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.