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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 2024-12-02 View latest technical analysis

10 day averaged volume of Mahalaxmi Rubtech is 51820

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	153.61	157.86	157.86	151.00	0.145 times
29 Fri Nov 2024	153.22	149.99	157.98	149.99	0.282 times
28 Thu Nov 2024	149.86	151.98	153.98	148.92	0.613 times
27 Wed Nov 2024	150.17	156.03	158.68	147.66	1.142 times
26 Tue Nov 2024	155.70	160.91	160.91	153.50	0.115 times
25 Mon Nov 2024	153.67	157.00	157.75	152.50	0.304 times
22 Fri Nov 2024	153.91	149.67	159.70	148.70	0.468 times
21 Thu Nov 2024	149.21	152.91	152.91	147.51	0.161 times
19 Tue Nov 2024	152.91	152.37	160.00	151.50	0.37 times
18 Mon Nov 2024	152.37	158.30	158.30	146.35	0.447 times

My analysis of stock is bearish for shortterm, and stock might move down till 149.5 or till 144.2. Use a stoploss of 153.86 and if the stock hits stoploss, then it can shoot up till 158.23

Share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Target	138.50
Downside Target	146.35
Downside Target	151.00
Upside Target	157.86
Upside Target	164.05
Upside Target	164.45
Upside Target	167.00
Upside Target	170.00
Upside Target	173.99
Upside Target	178.85
Upside Target	208.34

Intraday share price targets for Mahalaxmi Rubtech (MHLXMIRU)

Target Type	Value
Downside Intraday Target	150.45
Downside Intraday Target	147.3
Upside Intraday Target	157.31
Upside Intraday Target	161.02
Upside Intraday Target	154.16

Weekly technical analysis of Mahalaxmi Rubtech (MHLXMIRU)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	153.61	157.86	157.86	151.00	0.059 times
29 Fri Nov 2024	153.22	157.00	160.91	147.66	1.699 times
22 Fri Nov 2024	153.91	158.30	160.00	146.35	0.222 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

Price has moved up 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
02 Mon Dec 2024	153.61	157.86	157.86	151.00	0.013 times
29 Fri Nov 2024	153.22	159.99	170.00	140.00	2.657 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

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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 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. 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 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

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 151.77 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.