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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 2024-09-30 View latest technical analysis

10 day averaged volume of M B is 2129

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	33.60	34.90	36.35	33.30	0.997 times
27 Fri Sep 2024	34.90	34.96	35.23	32.13	0.538 times
26 Thu Sep 2024	33.57	36.49	36.50	33.07	3.717 times
25 Wed Sep 2024	34.81	35.10	36.85	33.35	3.403 times
24 Tue Sep 2024	35.10	37.22	38.30	35.10	0.724 times
23 Mon Sep 2024	36.49	36.52	36.52	33.07	0.288 times
20 Fri Sep 2024	34.79	38.42	38.42	34.77	0.584 times
19 Thu Sep 2024	36.60	40.43	40.43	36.60	0.083 times
18 Wed Sep 2024	38.51	37.50	38.51	36.60	0.299 times
17 Tue Sep 2024	38.51	38.51	38.51	38.51	0.047 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.2, but if it comes above 34.2, then a intra day buy could be more profitable.
If you take a sell trade below 34.2, then use 34.2 as stoploss and 31.1 as target. However if you take a buy trade in stock , then use 34.2 as stoploss and 36.77 as target.

Share price targets for M B (MB)

Target Type	Value
Downside Target	32.13
Downside Target	33.30
Upside Target	34.22
Upside Target	36.03
Upside Target	37.73
Upside Target	42.00
Upside Target	43.48
Upside Target	43.70
Upside Target	46.59
Upside Target	46.65
Upside Target	47.49
Upside Target	53.00
Upside Target	58.66

Intraday share price targets for M B (MB)

Target Type	Value
Downside Intraday Target	32.48
Downside Intraday Target	31.37
Upside Intraday Target	35.53
Upside Intraday Target	37.47
Upside Intraday Target	34.42

Weekly technical analysis of M B (MB)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	33.60	34.90	36.35	33.30	0.115 times
27 Fri Sep 2024	34.90	36.52	38.30	32.13	6.516 times
20 Fri Sep 2024	34.79	41.90	42.00	34.77	0.472 times
13 Fri Sep 2024	42.66	35.85	43.48	34.22	0.628 times
06 Fri Sep 2024	34.16	35.15	37.73	32.31	1.764 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
30 Mon Sep 2024	33.60	35.15	43.48	32.13	3.377 times
30 Fri Aug 2024	33.54	38.36	46.65	32.50	2.588 times
31 Wed Jul 2024	40.34	47.49	47.49	36.03	3.517 times
26 Wed Jun 2024	47.49	50.90	53.00	46.59	0.06 times

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

Price action analysis of M B ( (MB) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 buy signal for M B in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 34.47 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.