(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)
Showing technical analysis as on 2021-08-25 View latest technical analysis
10 day averaged volume of Mcx is 40979
|Date||Daily Closing Price||Open||High||Low||Volume|
|25 Wed Aug 2021||1460.15||1474.30||1491.90||1460.00||5.736 times|
|24 Tue Aug 2021||1462.40||1488.35||1488.90||1455.00||0.168 times|
|23 Mon Aug 2021||1478.45||1508.00||1513.80||1465.50||0.43 times|
|20 Fri Aug 2021||1507.15||1500.00||1518.35||1477.40||0.512 times|
|18 Wed Aug 2021||1503.65||1477.00||1544.00||1477.00||0.491 times|
|17 Tue Aug 2021||1481.80||1500.00||1500.00||1478.50||0.191 times|
|16 Mon Aug 2021||1492.40||1504.50||1513.95||1479.85||6.779 times|
|13 Fri Aug 2021||1504.45||1519.95||1526.00||1493.30||0.219 times|
|12 Thu Aug 2021||1508.75||1525.00||1534.55||1503.05||0.455 times|
|11 Wed Aug 2021||1520.90||1539.00||1542.55||1489.00||0.285 times|
Stock of Mcx (Mcx) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1486.5, but if it comes above 1486.5, then a intra day buy could be more profitable.
If you take a sell trade below 1486.5, then use 1486.5 as stoploss and 1420.8 as target. However if you take a buy trade in stock , then use 1486.5 as stoploss and 1541.25 as target.
Share price targets for Mcx (Mcx)
Intraday share price targets for Mcx (Mcx)
|Downside Intraday Target||1438.83|
|Downside Intraday Target||1417.52|
|Upside Intraday Target||1497.63|
|Upside Intraday Target||1535.12|
|Upside Intraday Target||1476.32|
Weekly technical analysis of Mcx (Mcx)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|25 Wed Aug 2021||1460.15||1508.00||1513.80||1455.00||0.794 times|
|20 Fri Aug 2021||1507.15||1504.50||1544.00||1477.00||4.545 times|
|13 Fri Aug 2021||1504.45||1620.00||1620.45||1489.00||1.018 times|
|06 Fri Aug 2021||1607.30||1624.00||1633.00||1542.95||0.414 times|
|30 Fri Jul 2021||1599.65||1628.80||1730.50||1595.00||0.346 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|
|25 Wed Aug 2021||1460.15||1624.00||1633.00||1455.00||0.556 times|
|30 Fri Jul 2021||1599.65||1521.00||1846.95||1480.70||1.575 times|
|30 Wed Jun 2021||1519.90||1550.50||1635.00||1472.00||1.843 times|
|31 Mon May 2021||1550.50||1473.90||1663.00||1466.00||1.196 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||13, 22, 25||Sell|
Price action analysis of Mcx ( (Mcx) ) based on a short 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 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 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 Mcx stock for short term is SELL. Signal strength is Strong and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mcx 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 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 1481.48 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.