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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 2022-05-06 View latest technical analysis

10 day averaged volume of Mcx is 19770

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 1269.95 1267.00 1306.90 1255.55 1.556 times
05 Thu May 2022 1308.95 1382.00 1382.00 1305.00 1.217 times
04 Wed May 2022 1359.15 1437.40 1440.40 1353.00 0.549 times
02 Mon May 2022 1430.30 1430.00 1438.45 1382.60 1.136 times
29 Fri Apr 2022 1429.80 1391.90 1439.00 1388.40 1.436 times
28 Thu Apr 2022 1385.50 1365.00 1388.75 1323.75 1.194 times
27 Wed Apr 2022 1350.25 1346.00 1363.70 1341.40 0.673 times
26 Tue Apr 2022 1367.85 1361.00 1383.50 1361.00 0.552 times
25 Mon Apr 2022 1359.45 1385.00 1385.00 1346.60 1.031 times
22 Fri Apr 2022 1385.35 1366.15 1409.90 1366.15 0.879 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1273.7, for a target of 1336 or 1387.94

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 1165.00
Downside Target 1210.50
Downside Target 1255.55
Upside Target 1322.35
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 1203.53
Downside Intraday Target 1137.12
Upside Intraday Target 1388.38
Upside Intraday Target 1506.82
Upside Intraday Target 1321.97

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 1269.95 1430.00 1440.40 1255.55 0.912 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
06 Fri May 2022 1269.95 1430.00 1440.40 1255.55 0.232 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 15, 35, 39 Sell
MACD -37, -23Sell
Stochastics 14Sell
CCI -208Sell
RSI 41Sell
OBV -65339Sell
VWAP 1363Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 1362.67 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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Daily charts

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