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(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 2022-11-04 View latest technical analysis

10 day averaged volume of M B is 40

Date Daily Closing Price Open High Low Volume
04 Fri Nov 2022 28.85 28.85 28.85 28.85 0.25 times
03 Thu Nov 2022 28.90 29.30 29.30 28.90 1.175 times
02 Wed Nov 2022 29.90 29.90 29.90 29.90 0.025 times
01 Tue Nov 2022 28.50 28.90 28.90 28.50 0.225 times
31 Mon Oct 2022 27.55 27.55 27.55 27.55 0.125 times
28 Fri Oct 2022 28.95 27.55 29.00 27.55 1.95 times
27 Thu Oct 2022 29.00 29.00 29.00 29.00 0.025 times
25 Tue Oct 2022 28.00 29.00 29.00 28.00 0.425 times
24 Mon Oct 2022 28.25 28.25 28.25 28.25 0.075 times
21 Fri Oct 2022 27.35 27.50 27.50 27.35 0.85 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.7, but if it comes below 28.7, then a intra day sell could be more profitable.
If you take a sell trade below 28.7, then use 28.7 as stoploss and 27.07 as target. However if you take a buy trade in stock , then use 28.7 as stoploss and 30.6 as target.

Share price targets for M B (MB)

Target Type Value
Downside Target 23.05
Downside Target 23.75
Downside Target 25.00
Downside Target 25.75
Downside Target 27.00
Downside Target 28.10
Upside Target 29.00
Upside Target 29.10
Upside Target 29.50
Upside Target 29.90
Upside Target 31.00

Intraday share price targets for M B (MB)

Target Type Value
Downside Intraday Target 27.63
Downside Intraday Target 26.42
Upside Intraday Target 29.98
Upside Intraday Target 31.12
Downside Intraday Target 28.77

Weekly technical analysis of M B (MB)

Date Weekly Closing Price Open High Low Volume
04 Fri Nov 2022 28.85 27.55 29.90 27.55 0.727 times
28 Fri Oct 2022 28.95 28.25 29.00 27.55 0.031 times
21 Fri Oct 2022 27.35 25.35 27.50 25.00 0.869 times
14 Fri Oct 2022 25.35 28.10 28.10 23.75 0.989 times
07 Fri Oct 2022 26.80 26.50 27.00 26.00 39.234 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 M B (MB)

Date Monthly Closing Price Open High Low Volume
04 Fri Nov 2022 28.85 28.90 29.90 28.50 0.006 times
31 Mon Oct 2022 27.55 26.50 29.00 23.75 12.906 times
30 Fri Sep 2022 26.50 25.85 29.50 25.85 0.104 times
30 Tue Aug 2022 26.35 29.10 29.10 23.05 3.986 times

Scroll below to view daily charts

Price has moved up 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 M B (MB)

Indicator Name Indicator Value Indicator Signal
ADX 36, 26, 15 Buy
MACD 1, 1Buy
Stochastics 79Buy
CCI 38Sell
RSI 55Buy
OBV 1400Sell
VWAP 29Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of M B ( (MB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of M B ( (MB) ) based on a mid to longer 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.

ADX buy sell signal for M B stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for M B in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for M B in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 28.53 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 rising upwards.

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 is giving positive 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.

Click here for M B charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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