(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 2022-05-17 View latest technical analysis
10 day averaged volume of Mcx is 20083
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||1210.95||1246.40||1275.25||1166.00||4.687 times|
|16 Mon May 2022||1177.65||1151.00||1191.00||1142.40||1.082 times|
|13 Fri May 2022||1151.15||1174.00||1198.15||1149.00||0.845 times|
|12 Thu May 2022||1158.35||1186.00||1187.00||1153.00||1.045 times|
|11 Wed May 2022||1194.80||1202.00||1212.15||1163.15||1.073 times|
|10 Tue May 2022||1201.25||1234.40||1248.20||1195.35||0.486 times|
|09 Mon May 2022||1239.50||1260.00||1261.05||1217.45||1.082 times|
|06 Fri May 2022||1269.95||1267.00||1306.90||1255.55||1.531 times|
|05 Thu May 2022||1308.95||1382.00||1382.00||1305.00||1.198 times|
|04 Wed May 2022||1359.15||1437.40||1440.40||1353.00||0.54 times|
Stock of Mcx (Mcx) has showed a significant upmove. This could be a good time to enter in 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 1212, but if it comes above 1212, then a intra day buy could be more profitable.
If you take a sell trade below 1212, then use 1212 as stoploss and 1103.2 as target. However if you take a buy trade in stock , then use 1212 as stoploss and 1302.6 as target.
Share price targets for Mcx (Mcx)
Intraday share price targets for Mcx (Mcx)
|Downside Intraday Target||1143.82|
|Downside Intraday Target||1076.68|
|Upside Intraday Target||1276.67|
|Upside Intraday Target||1342.38|
|Downside Intraday Target||1209.53|
Weekly technical analysis of Mcx (Mcx)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||1210.95||1151.00||1275.25||1142.40||1.274 times|
|13 Fri May 2022||1151.15||1260.00||1261.05||1149.00||1.032 times|
|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|
Price has moved up 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|
|17 Tue May 2022||1210.95||1430.00||1440.40||1142.40||0.777 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||23, 28, 8||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
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 1222.39 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.