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(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 2022-05-04 View latest technical analysis

10 day averaged volume of Mcx is 21008

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 1359.15 1437.40 1440.40 1353.00 0.517 times
02 Mon May 2022 1430.30 1430.00 1438.45 1382.60 1.069 times
29 Fri Apr 2022 1429.80 1391.90 1439.00 1388.40 1.351 times
28 Thu Apr 2022 1385.50 1365.00 1388.75 1323.75 1.124 times
27 Wed Apr 2022 1350.25 1346.00 1363.70 1341.40 0.633 times
26 Tue Apr 2022 1367.85 1361.00 1383.50 1361.00 0.519 times
25 Mon Apr 2022 1359.45 1385.00 1385.00 1346.60 0.971 times
22 Fri Apr 2022 1385.35 1366.15 1409.90 1366.15 0.827 times
21 Thu Apr 2022 1387.50 1357.95 1395.20 1352.80 1.254 times
20 Wed Apr 2022 1345.20 1332.20 1366.00 1327.00 0.828 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1361.2, but if it comes above 1361.2, then a intra day buy could be more profitable.
If you take a sell trade below 1361.2, then use 1361.2 as stoploss and 1309.2 as target. However if you take a buy trade in stock , then use 1361.2 as stoploss and 1404.61 as target.

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 1165.00
Downside Target 1210.50
Downside Target 1322.35
Downside Target 1353.00
Upside Target 1383.55
Upside Target 1439.00
Upside Target 1462.00
Upside Target 1470.00
Upside Target 1487.20
Upside Target 1493.60
Upside Target 1564.60
Upside Target 1655.00

Intraday share price targets for Mcx (Mcx)

Target Type Value
Downside Intraday Target 1327.97
Downside Intraday Target 1296.78
Upside Intraday Target 1415.37
Upside Intraday Target 1471.58
Upside Intraday Target 1384.18

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 1359.15 1430.00 1440.40 1353.00 0.345 times
29 Fri Apr 2022 1429.80 1385.00 1439.00 1323.75 0.85 times
22 Fri Apr 2022 1385.35 1391.00 1409.90 1322.35 1.558 times
13 Wed Apr 2022 1403.35 1463.15 1470.00 1383.55 0.874 times
08 Fri Apr 2022 1468.55 1445.45 1493.60 1443.10 0.8 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
04 Wed May 2022 1359.15 1430.00 1440.40 1353.00 0.088 times
29 Fri Apr 2022 1429.80 1417.70 1493.60 1322.35 0.403 times
31 Thu Mar 2022 1413.70 1267.95 1487.20 1210.50 1.032 times
28 Mon Feb 2022 1272.05 1553.90 1564.60 1165.00 1.458 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 20, 23, 5 Sell
MACD -15, -16Buy
Stochastics 72Buy
CCI 20Sell
RSI 44Sell
OBV 16952Sell
VWAP 1386Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Mcx ( (Mcx) ) based on a short 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.

Price action analysis of Mcx ( (Mcx) ) based on a short 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.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Mcx in short term but the buy signal is initial and weak.

Mcx Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1386.2 and Mcx (Mcx) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.

Click here for Mcx charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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