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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 2024-11-18 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 37973

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	152.37	158.30	158.30	146.35	0.611 times
14 Thu Nov 2024	157.97	148.00	170.00	147.99	8.322 times
13 Wed Nov 2024	141.75	150.01	151.80	140.00	0.227 times
12 Tue Nov 2024	149.83	153.80	157.63	148.00	0.25 times
11 Mon Nov 2024	156.09	156.00	156.93	153.01	0.086 times
08 Fri Nov 2024	155.16	155.04	158.85	154.00	0.168 times
07 Thu Nov 2024	155.01	156.63	158.68	153.36	0.224 times
06 Wed Nov 2024	157.99	159.75	159.75	156.07	0.144 times
05 Tue Nov 2024	155.92	160.87	161.99	154.75	0.262 times
04 Mon Nov 2024	161.97	164.00	164.45	159.41	0.223 times

My analysis of stock is bearish for shortterm, and stock might move down till 148.4 or till 142.3. Use a stoploss of 153.54 and if the stock hits stoploss, then it can shoot up till 158.67

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	138.50
Downside Target	146.35
Upside Target	153.36
Upside Target	158.30
Upside Target	164.00
Upside Target	170.00
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	146.38
Downside Intraday Target	140.39
Upside Intraday Target	158.33
Upside Intraday Target	164.29
Downside Intraday Target	152.34

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	152.37	158.30	158.30	146.35	0.069 times
14 Thu Nov 2024	157.97	156.00	170.00	140.00	8.701 times
08 Fri Nov 2024	155.16	164.00	164.45	153.36	0.64 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

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 Mon Nov 2024	152.37	159.99	170.00	140.00	1.84 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, and volume has increased substantially. This means that the move can 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 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 BUY. 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 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 below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 157.01 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.