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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)

10 day averaged volume of Mcx is 12455

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 1489.50 1573.90 1573.90 1478.05 1.281 times
31 Tue Jan 2023 1519.60 1526.85 1526.95 1487.35 1.177 times
30 Mon Jan 2023 1507.05 1491.20 1512.60 1486.00 0.414 times
27 Fri Jan 2023 1498.00 1545.80 1546.45 1492.85 0.475 times
25 Wed Jan 2023 1534.15 1556.05 1575.00 1517.00 0.752 times
24 Tue Jan 2023 1563.55 1551.55 1574.10 1549.65 0.961 times
23 Mon Jan 2023 1562.90 1578.20 1579.10 1551.30 0.919 times
20 Fri Jan 2023 1575.10 1600.90 1609.65 1566.35 0.422 times
19 Thu Jan 2023 1600.85 1624.95 1637.40 1568.30 1.182 times
18 Wed Jan 2023 1616.25 1624.00 1626.00 1597.60 1.218 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 1468.8 as stoploss in an intra day buy trade for a target of 1528.24. However, stock will show a bearish move below 1468.8.

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 1230.00
Downside Target 1428.40
Downside Target 1465.00
Upside Target 1573.90
Upside Target 1579.10
Upside Target 1589.00
Upside Target 1609.80
Upside Target 1637.40
Upside Target 1697.00

Intraday share price targets for Mcx (Mcx)

Target Type Value
Downside Intraday Target 1453.73
Downside Intraday Target 1417.97
Upside Intraday Target 1549.58
Upside Intraday Target 1609.67
Upside Intraday Target 1513.82

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 1489.50 1491.20 1573.90 1478.05 0.925 times
27 Fri Jan 2023 1498.00 1578.20 1579.10 1492.85 0.434 times
20 Fri Jan 2023 1575.10 1577.45 1637.40 1566.35 0.6 times
13 Fri Jan 2023 1604.15 1470.85 1609.80 1428.40 0.669 times
06 Fri Jan 2023 1443.90 1500.00 1500.00 1435.00 7.064 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
01 Wed Feb 2023 1489.50 1573.90 1573.90 1478.05 0.031 times
31 Tue Jan 2023 1519.60 1500.00 1637.40 1428.40 1.354 times
30 Fri Dec 2022 1553.10 1566.50 1697.00 1523.20 1.191 times
30 Wed Nov 2022 1562.75 1535.50 1589.00 1465.00 0.39 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, 19, 11 Buy
MACD -6, 6Sell
Stochastics 14Sell
CCI -71Buy
RSI 52Buy
OBV 58606Sell
VWAP 1551Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 BUY. 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.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mcx in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 1550.98 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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Daily chart

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