(Mcx) Mcx complete technical analysis [charts+indicators] | Buy/Sell Mcx | (Mcx) share price targets
Complete technical analysis of Mcx (Mcx) by charts plus indicators, forecast predictions and share price targets for Mcx (Mcx)
10 day averaged volume of Mcx is 13841
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 1280.40 | 1290.00 | 1290.00 | 1276.05 | 0.713 times |
| 08 Mon Aug 2022 | 1285.75 | 1294.50 | 1298.60 | 1280.00 | 0.897 times |
| 05 Fri Aug 2022 | 1287.90 | 1309.70 | 1316.00 | 1283.50 | 1.124 times |
| 04 Thu Aug 2022 | 1300.05 | 1318.00 | 1325.95 | 1290.40 | 1.228 times |
| 03 Wed Aug 2022 | 1319.05 | 1318.25 | 1327.30 | 1311.20 | 0.422 times |
| 02 Tue Aug 2022 | 1318.25 | 1319.00 | 1335.00 | 1311.00 | 1.898 times |
| 01 Mon Aug 2022 | 1323.20 | 1396.45 | 1400.00 | 1318.00 | 2.748 times |
| 30 Sat Jul 2022 | 1396.45 | 1400.95 | 1412.00 | 1385.35 | 0.799 times |
| 28 Thu Jul 2022 | 1389.25 | 1403.35 | 1403.35 | 1384.00 | 0.349 times |
| 27 Wed Jul 2022 | 1397.10 | 1396.65 | 1403.50 | 1392.80 | 0.305 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1306.5, but if it comes above 1306.5, then a intra day buy could be more profitable.
If you take a sell trade below 1306.5, then use 1306.5 as stoploss and 1250.4 as target. However if you take a buy trade in stock , then use 1306.5 as stoploss and 1353.27 as target.
Share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Target | 1142.40 |
| Downside Target | 1276.05 |
| Upside Target | 1378.85 |
| Upside Target | 1384.00 |
| Upside Target | 1400.00 |
| Upside Target | 1422.00 |
| Upside Target | 1434.00 |
| Upside Target | 1440.40 |
| Upside Target | 1493.60 |
Intraday share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Intraday Target | 1271.43 |
| Downside Intraday Target | 1262.47 |
| Upside Intraday Target | 1293.98 |
| Upside Intraday Target | 1307.57 |
| Upside Intraday Target | 1285.02 |
Weekly technical analysis of Mcx (Mcx)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 1280.40 | 1294.50 | 1298.60 | 1276.05 | 0.217 times |
| 05 Fri Aug 2022 | 1287.90 | 1396.45 | 1400.00 | 1283.50 | 3.737 times |
| 30 Sat Jul 2022 | 1396.45 | 1422.00 | 1422.00 | 1384.00 | 0.45 times |
| 22 Fri Jul 2022 | 1421.60 | 1350.75 | 1434.00 | 1343.00 | 1.528 times |
| 14 Thu Jul 2022 | 1336.95 | 1317.00 | 1352.00 | 1295.60 | 0.839 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 Mcx (Mcx)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 1280.40 | 1396.45 | 1400.00 | 1276.05 | 0.652 times |
| 30 Sat Jul 2022 | 1396.45 | 1317.15 | 1434.00 | 1280.05 | 0.612 times |
| 30 Thu Jun 2022 | 1307.05 | 1370.00 | 1378.85 | 1154.00 | 0.614 times |
| 31 Tue May 2022 | 1370.10 | 1430.00 | 1440.40 | 1142.40 | 1.344 times |
Scroll below to view daily charts
Price has moved down 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 Mcx (Mcx)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 30, 37 | Sell |
| MACD | -8, 12 | Sell |
| Stochastics | 4 | Sell |
| CCI | -89 | Sell |
| RSI | 46 | Sell |
| OBV | -34810 | Sell |
| VWAP | 1319 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mcx ( (Mcx) ) 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 Mcx ( (Mcx) ) 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 Mcx ( (Mcx) ) 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 Mcx ( (Mcx) ) 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 Mcx stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mcx in short term and the sell signal is strong.
Mcx Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Mcx 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 negative zone. This is the SELL zone
Stock of Mcx is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1319.46 and Mcx (Mcx) 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 Mcx (Mcx) stock. Volume based technical analysis of Mcx (Mcx) stock is negative.
Mcx 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.
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