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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 2022-12-23 View latest technical analysis

10 day averaged volume of M B is 457

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Dec 2022	27.55	29.50	29.50	27.55	0.07 times
22 Thu Dec 2022	29.00	29.00	29.00	29.00	0.002 times
21 Wed Dec 2022	28.10	29.00	29.00	27.10	0.442 times
20 Tue Dec 2022	28.50	30.00	30.00	28.50	0.004 times
19 Mon Dec 2022	29.90	29.90	29.90	29.90	0.753 times
16 Fri Dec 2022	29.70	29.80	29.80	29.70	0.046 times
15 Thu Dec 2022	28.40	28.50	28.50	27.40	1.101 times
14 Wed Dec 2022	28.80	27.40	28.80	27.40	3.571 times
13 Tue Dec 2022	28.80	27.00	28.85	26.15	3.433 times
12 Mon Dec 2022	27.50	26.45	28.00	26.45	0.604 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.1, but if it comes above 28.1, then a intra day buy could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 27.1 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 28.98 as target.

Share price targets for M B (MB)

Target Type	Value
Downside Target	23.05
Downside Target	23.75
Downside Target	25.85
Downside Target	27.10
Upside Target	27.80
Upside Target	29.00
Upside Target	29.30
Upside Target	29.50
Upside Target	29.80
Upside Target	30.00
Upside Target	31.50

Intraday share price targets for M B (MB)

Target Type	Value
Downside Intraday Target	26.43
Downside Intraday Target	25.32
Upside Intraday Target	29.33
Upside Intraday Target	31.12
Upside Intraday Target	28.22

Weekly technical analysis of M B (MB)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Dec 2022	27.55	29.90	30.00	27.10	0.145 times
16 Fri Dec 2022	29.70	26.45	29.80	26.15	86.978 times
09 Fri Dec 2022	27.80	29.00	29.00	27.80	0.548 times
02 Fri Dec 2022	29.00	29.30	29.30	29.00	8.4 times
25 Fri Nov 2022	29.30	29.30	29.30	29.30	0.041 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
23 Fri Dec 2022	27.55	29.00	30.00	26.15	9.313 times
28 Mon Nov 2022	29.00	28.90	31.50	28.15	0.046 times
31 Mon Oct 2022	27.55	26.50	29.00	23.75	13.17 times
30 Fri Sep 2022	26.50	25.85	29.50	25.85	0.104 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)

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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

M B 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of M B is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.72 and M B (MB) stock is trading below this level. This means that stock is falling with high volumes. 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.