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Bank of Maharashtra

MAHABANK.BO•BSE
Financial Services
Banks - Regional
₹62.47
₹-1.62(-2.53%)
Indian Market opens in 13h 21m

Bank of Maharashtra (MAHABANK.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bank of Maharashtra (BSE:MAHABANK.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MAHABANK.BO Technical Analysis Summary

Bank of Maharashtra stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.55)
Trend Strength:Moderate (ADX: 23.93)
Volatility:Medium (ATR: 3.02)
Support/Resistance:$63.23 – $75.42 (Bollinger Bands)

Technical conditions suggest Bank of Maharashtra is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.55

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.92

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.19

Bearish
Selling pressure outweighs buying.

Takeaway:Bank of Maharashtra shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.65

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.93

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.02

Medium
Medium volatility, healthy price movement.

CCI (14): -98.07

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bank of Maharashtra shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$75.42
Middle Band (SMA 20)
$69.33
Lower Band
$63.23
Current Position
Below Lower Band

Takeaway:Bank of Maharashtra trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$74.78
Middle Line (EMA 20)
$68.74
Lower Channel
$62.69
Squeeze Status
No Squeeze

Takeaway:Bank of Maharashtra trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume28.00M
Money Flow Index58.62Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.61Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MAHABANK.BO shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Bank of Maharashtra, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bank of Maharashtra are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ