Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-12-28 View latest technical analysis

10 day averaged volume of M B is 380

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Dec 2022	26.90	28.90	28.90	26.90	0.624 times
27 Tue Dec 2022	27.55	24.95	27.55	24.95	2.634 times
26 Mon Dec 2022	26.25	28.00	28.00	26.20	0.155 times
23 Fri Dec 2022	27.55	29.50	29.50	27.55	0.084 times
22 Thu Dec 2022	29.00	29.00	29.00	29.00	0.003 times
21 Wed Dec 2022	28.10	29.00	29.00	27.10	0.532 times
20 Tue Dec 2022	28.50	30.00	30.00	28.50	0.005 times
19 Mon Dec 2022	29.90	29.90	29.90	29.90	0.905 times
16 Fri Dec 2022	29.70	29.80	29.80	29.70	0.055 times
15 Thu Dec 2022	28.40	28.50	28.50	27.40	1.324 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.5, but if it comes above 27.5, then a intra day buy could be more profitable.
If you take a sell trade below 27.5, then use 27.5 as stoploss and 26.2 as target. However if you take a buy trade in stock , then use 27.5 as stoploss and 28.57 as target.

Share price targets for M B (MB)

Target Type	Value
Downside Target	23.05
Downside Target	23.75
Downside Target	24.95
Downside Target	25.85
Upside Target	27.10
Upside Target	27.80
Upside Target	28.90
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	24.93
Downside Intraday Target	22.97
Upside Intraday Target	28.88
Upside Intraday Target	30.87
Upside Intraday Target	26.92

Weekly technical analysis of M B (MB)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Dec 2022	26.90	28.00	28.90	24.95	2.232 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of M B (MB)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Dec 2022	26.90	29.00	30.00	24.95	11.918 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 losing momentum.

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

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. 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 buy signal for M B in short term but BUY 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

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 28.03 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.