Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-08-08 View latest technical analysis

10 day averaged volume of Mcx is 13016

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 1285.75 1294.50 1298.60 1280.00 0.954 times
05 Fri Aug 2022 1287.90 1309.70 1316.00 1283.50 1.195 times
04 Thu Aug 2022 1300.05 1318.00 1325.95 1290.40 1.305 times
03 Wed Aug 2022 1319.05 1318.25 1327.30 1311.20 0.449 times
02 Tue Aug 2022 1318.25 1319.00 1335.00 1311.00 2.018 times
01 Mon Aug 2022 1323.20 1396.45 1400.00 1318.00 2.922 times
29 Fri Jul 2022 1396.45 1400.95 1412.00 1385.35 0.849 times
28 Thu Jul 2022 1389.25 1403.35 1403.35 1384.00 0.371 times
27 Wed Jul 2022 1397.10 1396.65 1403.50 1392.80 0.324 times
26 Tue Jul 2022 1394.55 1398.00 1407.50 1392.50 0.246 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1310.2, but if it comes above 1310.2, then a intra day buy could be more profitable.
If you take a sell trade below 1310.2, then use 1310.2 as stoploss and 1256.5 as target. However if you take a buy trade in stock , then use 1310.2 as stoploss and 1354.9 as target.

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 1142.40
Downside Target 1280.00
Upside Target 1378.85
Upside Target 1384.00
Upside Target 1400.00
Upside Target 1422.00
Upside Target 1434.00
Upside Target 1440.40
Upside Target 1493.60

Intraday share price targets for Mcx (Mcx)

Target Type Value
Downside Intraday Target 1277.63
Downside Intraday Target 1269.52
Upside Intraday Target 1296.23
Upside Intraday Target 1306.72
Upside Intraday Target 1288.12

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 1285.75 1294.50 1298.60 1280.00 0.121 times
05 Fri Aug 2022 1287.90 1396.45 1400.00 1283.50 3.737 times
29 Fri Jul 2022 1396.45 1422.00 1422.00 1384.00 0.45 times
22 Fri Jul 2022 1421.60 1350.75 1434.00 1343.00 1.528 times
14 Thu Jul 2022 1336.95 1317.00 1352.00 1295.60 0.839 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
08 Mon Aug 2022 1285.75 1396.45 1400.00 1280.00 0.6 times
29 Fri Jul 2022 1396.45 1317.15 1434.00 1280.05 0.612 times
30 Thu Jun 2022 1307.05 1370.00 1378.85 1154.00 0.645 times
31 Tue May 2022 1370.10 1430.00 1440.40 1142.40 1.28 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, 30, 35 Sell
MACD -2, 18Sell
Stochastics 5Sell
CCI -96Sell
RSI 44Sell
OBV -35101Sell
VWAP 1324Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 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 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 but selling is losing 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 1323.98 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Mcx charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme