(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 2022-05-24 View latest technical analysis
10 day averaged volume of Mcx is 31747
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 1275.95 | 1289.45 | 1289.45 | 1266.00 | 0.393 times |
| 23 Mon May 2022 | 1287.40 | 1295.00 | 1308.35 | 1279.70 | 0.222 times |
| 20 Fri May 2022 | 1292.90 | 1280.00 | 1316.50 | 1272.65 | 1.064 times |
| 19 Thu May 2022 | 1273.65 | 1231.00 | 1280.00 | 1231.00 | 0.861 times |
| 18 Wed May 2022 | 1291.20 | 1228.00 | 1306.90 | 1213.85 | 2.022 times |
| 17 Tue May 2022 | 1210.95 | 1246.40 | 1275.25 | 1166.00 | 2.965 times |
| 16 Mon May 2022 | 1177.65 | 1151.00 | 1191.00 | 1142.40 | 0.685 times |
| 13 Fri May 2022 | 1151.15 | 1174.00 | 1198.15 | 1149.00 | 0.534 times |
| 12 Thu May 2022 | 1158.35 | 1186.00 | 1187.00 | 1153.00 | 0.661 times |
| 11 Wed May 2022 | 1194.80 | 1202.00 | 1212.15 | 1163.15 | 0.679 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1199.8 or till 1100.1. Use a stoploss of 1282.83 and if the stock hits stoploss, then it can shoot up till 1365.9
Share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Target | 1142.40 |
| Downside Target | 1210.50 |
| Downside Target | 1255.55 |
| Upside Target | 1308.35 |
| Upside Target | 1439.00 |
| Upside Target | 1440.40 |
| Upside Target | 1462.00 |
| 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 | 1258.52 |
| Downside Intraday Target | 1241.08 |
| Upside Intraday Target | 1300.87 |
| Upside Intraday Target | 1325.78 |
| Upside Intraday Target | 1283.43 |
Weekly technical analysis of Mcx (Mcx)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 1275.95 | 1295.00 | 1308.35 | 1266.00 | 0.081 times |
| 20 Fri May 2022 | 1292.90 | 1151.00 | 1316.50 | 1142.40 | 2.651 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 |
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 |
| 24 Tue May 2022 | 1275.95 | 1430.00 | 1440.40 | 1142.40 | 1.159 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 | 24, 20, 10 | Buy |
| MACD | -59, -73 | Buy |
| Stochastics | 82 | Buy |
| CCI | 64 | Sell |
| RSI | 55 | Buy |
| OBV | 61972 | Sell |
| VWAP | 1235 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Mcx stock for short term is BUY. 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Mcx in short term but SELL 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 1235.3 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 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.
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