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(MARUTI) Maruti Suzuki complete technical analysis [charts+indicators] | Buy/Sell Maruti Suzuki | (MARUTI) share price targets

Complete technical analysis of Maruti Suzuki (MARUTI) by charts plus indicators, forecast predictions and share price targets for Maruti Suzuki (MARUTI)

10 day averaged volume of Maruti Suzuki is 414188

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 12531.35 12427.80 12563.00 12363.10 0.676 times
21 Tue May 2024 12473.30 12600.15 12678.90 12441.80 1.07 times
20 Mon May 2024 12600.15 12647.95 12693.45 12565.40 0.042 times
17 Fri May 2024 12641.50 12515.15 12665.90 12322.30 1.954 times
16 Thu May 2024 12497.65 12848.00 12848.00 12300.00 2.207 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12484.8 as stoploss in an intra day buy trade for a target of 12645.06. However, stock will show a bearish move below 12484.8.

Share price targets for Maruti Suzuki (MARUTI)

Target Type Value
Downside Target 9737.65
Downside Target 10204.00
Downside Target 11267.60
Downside Target 11720.00
Downside Target 12032.95
Upside Target 12726.80
Upside Target 12739.80
Upside Target 12872.40
Upside Target 12996.00
Upside Target 13073.95

Intraday share price targets for Maruti Suzuki (MARUTI)

Target Type Value
Downside Intraday Target 12365.15
Downside Intraday Target 12198.95
Upside Intraday Target 12695.5
Upside Intraday Target 12859.65
Downside Intraday Target 12529.3

Weekly technical analysis of Maruti Suzuki (MARUTI)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 12531.35 12647.95 12693.45 12363.10 0.288 times
17 Fri May 2024 12641.50 12660.00 12872.40 12300.00 1.178 times
10 Fri May 2024 12675.50 12550.00 12739.80 12239.00 0.78 times
03 Fri May 2024 12492.15 12800.05 12996.00 12411.40 1.173 times
26 Fri Apr 2024 12703.35 12783.15 13073.95 12659.00 0.874 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 Maruti Suzuki (MARUTI)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 12531.35 12750.00 12872.40 12239.00 0.699 times
30 Tue Apr 2024 12817.50 12613.35 13073.95 12032.95 0.984 times
28 Thu Mar 2024 12600.35 11295.00 12726.80 11267.60 0.867 times
29 Thu Feb 2024 11288.35 10210.00 11720.00 10204.00 0.895 times

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 Maruti Suzuki (MARUTI)

Indicator Name Indicator Value Indicator Signal
ADX 12, 26, 38 Sell
MACD 170, 226Sell
Stochastics 43None
CCI -110Sell
RSI 60Buy
OBV -4170425Sell
VWAP 12593Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a short 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.

Price action analysis of Maruti Suzuki ( (MARUTI) ) 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 Maruti Suzuki ( (MARUTI) ) based on a short to mid 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.

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a mid to longer 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.

ADX buy sell signal for Maruti Suzuki stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Maruti Suzuki in short term but the sell signal is initial and weak.

Maruti Suzuki 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Maruti Suzuki in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Maruti Suzuki is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12593.21 and Maruti Suzuki (MARUTI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Maruti Suzuki (MARUTI) stock. Volume based technical analysis of Maruti Suzuki (MARUTI) stock is negative.

Maruti Suzuki Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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