Homepage Active Options Active Stocks

Stock analysis Bank of Maharashtra MAHABANK

More indepth analysis on MunafaSutra.com

Moving Averages for Bank of Maharashtra

  • 5Day Average: 66.39
  • 12Day Average: 66.36
  • 20Day Average: 65.36
  • 50Day Average: 66.11
  • 100Day Average: 64.61
  • 150Day Average: 60.93
  • 200Day Average: 56.9

MAHABANK Indicators & signals

Indicator MACD (12,26,9)

66.27, 65.85, 0.16
Indicator MACD is in positive zone

Indicator ADX (14)

17.39, 21.26, 14.96
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MAHABANK Bank of Maharashtra are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 67.73 66.22 to 68.90 1.65% 0.84 times
25 Thu Jul 2024 66.63 66.05 to 67.59 -0.83% 0.36 times
24 Wed Jul 2024 67.19 64.66 to 67.83 3.07% 0.68 times
23 Tue Jul 2024 65.19 62.93 to 67.24 0% 0.53 times
23 Tue Jul 2024 65.19 62.93 to 67.24 -2.07% 0.53 times
22 Mon Jul 2024 66.57 64.98 to 66.82 1.4% 0.46 times
19 Fri Jul 2024 65.65 65.50 to 67.69 -2.29% 0.62 times
18 Thu Jul 2024 67.19 66.70 to 69.90 -0.74% 1.33 times
16 Tue Jul 2024 67.69 67.41 to 70.80 -1.54% 1.45 times
15 Mon Jul 2024 68.75 64.80 to 69.70 5.64% 3.4 times
12 Fri Jul 2024 65.08 63.52 to 65.97 2.59% 0.64 times
11 Thu Jul 2024 63.44 63.15 to 64.40 -0.46% 0.29 times

Technical analysis forecast of Bank of Maharashtra Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bank of Maharashtra MAHABANK at this time. Stock is rising and might rise more.

It appears as if Bank of Maharashtra MAHABANK gave a large move recently.

Stock of Bank of Maharashtra (MAHABANK) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Bank of Maharashtra is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bank of Maharashtra stays above 67.6, but if it comes below 67.6, then a intra day sell could be more profitable.
If you take a sell trade below 67.6, then use 67.6 as stoploss and 65.96 as target. However if you take a buy trade in Bank of Maharashtra, then use 67.6 as stoploss and 69.6 as target.

More indepth analysis on MunafaSutra.com