(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 2021-08-26 View latest technical analysis
10 day averaged volume of Mcx is 62553
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||1497.55||1465.00||1523.45||1465.00||0.58 times|
|25 Wed Aug 2021||1460.15||1474.30||1491.90||1460.00||3.758 times|
|24 Tue Aug 2021||1462.40||1488.35||1488.90||1455.00||0.11 times|
|23 Mon Aug 2021||1478.45||1508.00||1513.80||1465.50||0.281 times|
|20 Fri Aug 2021||1507.15||1500.00||1518.35||1477.40||0.335 times|
|18 Wed Aug 2021||1503.65||1477.00||1544.00||1477.00||0.321 times|
|17 Tue Aug 2021||1481.80||1500.00||1500.00||1478.50||0.125 times|
|16 Mon Aug 2021||1492.40||1504.50||1513.95||1479.85||4.441 times|
|13 Fri Aug 2021||1504.45||1519.95||1526.00||1493.30||0.143 times|
|12 Thu Aug 2021||1508.75||1525.00||1534.55||1503.05||0.298 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1483.3 as stoploss in an intra day buy trade for a target of 1534.41. However, stock will show a bearish move below 1483.3.
Share price targets for Mcx (Mcx)
Intraday share price targets for Mcx (Mcx)
|Downside Intraday Target||1460.55|
|Downside Intraday Target||1423.55|
|Upside Intraday Target||1529|
|Upside Intraday Target||1560.45|
|Downside Intraday Target||1492|
Weekly technical analysis of Mcx (Mcx)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Thu Aug 2021||1497.55||1508.00||1523.45||1455.00||0.905 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|
|26 Thu Aug 2021||1497.55||1624.00||1633.00||1455.00||0.583 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||18, 19, 3||Sell|
Price action analysis of Mcx ( (Mcx) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mcx in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mcx 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mcx in short term and BUY signal is strong.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mcx is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1481.66 and Mcx (Mcx) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.