(MB) M B complete technical analysis [charts+indicators] | Buy/Sell M B | (MB) share price targets
Complete technical analysis of M B (MB) by charts plus indicators, forecast predictions and share price targets for M B (MB)
Showing technical analysis as on 2022-08-12 View latest technical analysis
10 day averaged volume of M B is 639
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||25.00||25.00||25.00||25.00||0.005 times|
|11 Thu Aug 2022||25.00||25.40||25.40||25.00||1.881 times|
|10 Wed Aug 2022||24.20||24.20||24.20||24.20||0.008 times|
|08 Mon Aug 2022||23.05||23.05||23.05||23.05||0.394 times|
|05 Fri Aug 2022||23.05||23.05||24.00||23.05||4.236 times|
|04 Thu Aug 2022||24.25||26.75||26.75||24.25||0.734 times|
|03 Wed Aug 2022||25.50||25.50||25.50||25.50||2.045 times|
|02 Tue Aug 2022||26.80||26.80||26.80||26.80||0.681 times|
|01 Mon Aug 2022||27.90||29.10||29.10||27.90||0.008 times|
|29 Fri Jul 2022||28.50||30.00||30.00||28.50||0.003 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 24.5 as stoploss in an intra day buy trade for a target of 26.38. However, stock will show a bearish move below 24.5.
Share price targets for M B (MB)
Intraday share price targets for M B (MB)
|Downside Intraday Target||23.57|
|Downside Intraday Target||22.13|
|Upside Intraday Target||25.92|
|Upside Intraday Target||26.83|
|Downside Intraday Target||24.48|
Weekly technical analysis of M B (MB)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||25.00||23.05||25.40||23.05||0.297 times|
|05 Fri Aug 2022||23.05||29.10||29.10||23.05||13.675 times|
|29 Fri Jul 2022||28.50||27.30||30.00||26.00||0.257 times|
|22 Fri Jul 2022||27.30||27.00||28.25||26.00||63.773 times|
|15 Fri Jul 2022||25.75||30.00||30.00||25.75||0.106 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 M B (MB)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||25.00||29.10||29.10||23.05||3.205 times|
|29 Fri Jul 2022||28.50||31.00||31.00||25.75||0.444 times|
|30 Thu Jun 2022||29.80||26.15||32.95||25.00||0.372 times|
|31 Tue May 2022||26.15||25.15||29.00||23.85||1.166 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of M B (MB)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||32, 39, 10||Sell|
Price action analysis of M B ( (MB) ) based on a short term time period is
Price action analysis of M B ( (MB) ) 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 M B ( (MB) ) 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 M B ( (MB) ) 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 M B stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for M B in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
M B Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for M B in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of M B is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.27 and M B (MB) 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 M B (MB) stock. Volume based technical analysis of M B (MB) stock is negative.
M B 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.