(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, 6 | Sell |
| Stochastics | 14 | Sell |
| CCI | -71 | Buy |
| RSI | 52 | Buy |
| OBV | 58606 | Sell |
| VWAP | 1551 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | 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 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.
Click here for further forecast and predictions for tomorrow