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Stock analysis Maheshwari Logistics Ltd. MAHESHWARI

More indepth analysis on MunafaSutra.com

Moving Averages for Maheshwari Logistics Ltd.

  • 5Day Average: 66.73
  • 12Day Average: 66.53
  • 20Day Average: 67.24
  • 50Day Average: 68.76
  • 100Day Average: 74.04
  • 150Day Average: 77.28
  • 200Day Average: 78.7

MAHESHWARI Indicators & signals

Indicator MACD (12,26,9)

66.67, 67.1, -0.51
Indicator MACD is in negative zone

Indicator ADX (14)

21.9, 15.41, 24.06
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of MAHESHWARI Maheshwari Logistics Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 65.20 64.60 to 67.60 -1.88% 0.94 times
02 Thu May 2024 66.45 65.70 to 67.30 0.08% 0.5 times
30 Tue Apr 2024 66.40 66.10 to 68.65 -1.85% 1.32 times
29 Mon Apr 2024 67.65 66.45 to 68.30 -0.44% 1.15 times
26 Fri Apr 2024 67.95 67.05 to 68.55 0.15% 1.28 times
25 Thu Apr 2024 67.85 67.65 to 69.00 -0.66% 0.39 times
24 Wed Apr 2024 68.30 67.85 to 69.35 0.81% 0.81 times
23 Tue Apr 2024 67.75 67.45 to 68.90 0.37% 0.6 times
22 Mon Apr 2024 67.50 65.15 to 69.00 4.41% 1.49 times
19 Fri Apr 2024 64.65 64.40 to 65.80 0.39% 1.4 times
18 Thu Apr 2024 64.40 63.30 to 65.50 0.16% 1.05 times
16 Tue Apr 2024 64.30 63.30 to 65.35 1.26% 1.16 times

Technical analysis forecast for Maheshwari Logistics Ltd. Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Maheshwari Logistics Ltd. MAHESHWARI at this time. Stock is falling and might fall more.

It appears as if Maheshwari Logistics Ltd. MAHESHWARI gave a large move recently.

Stock of Maheshwari Logistics Ltd. (MAHESHWARI) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Maheshwari Logistics Ltd. is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 64.7 as stoploss in an intra day buy trade for a target of 66.82. However, stock will show a bearish move below 64.7.

More indepth analysis on MunafaSutra.com