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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)

Showing technical analysis as on 2022-08-12 View latest technical analysis

10 day averaged volume of Mcx is 17242

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 1318.40 1324.40 1325.85 1312.55 0.28 times
11 Thu Aug 2022 1312.70 1283.10 1320.40 1282.00 1.831 times
10 Wed Aug 2022 1280.40 1290.00 1290.00 1276.05 0.572 times
08 Mon Aug 2022 1285.75 1294.50 1298.60 1280.00 0.72 times
05 Fri Aug 2022 1287.90 1309.70 1316.00 1283.50 0.902 times
04 Thu Aug 2022 1300.05 1318.00 1325.95 1290.40 0.985 times
03 Wed Aug 2022 1319.05 1318.25 1327.30 1311.20 0.339 times
02 Tue Aug 2022 1318.25 1319.00 1335.00 1311.00 1.523 times
01 Mon Aug 2022 1323.20 1396.45 1400.00 1318.00 2.206 times
29 Fri Jul 2022 1396.45 1400.95 1412.00 1385.35 0.641 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 1304.1 as stoploss in an intra day buy trade for a target of 1351.8. However, stock will show a bearish move below 1304.1.

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 1142.40
Downside Target 1276.05
Upside Target 1322.35
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 1287.68
Downside Intraday Target 1256.97
Upside Intraday Target 1337.48
Upside Intraday Target 1356.57
Downside Intraday Target 1306.77

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 1318.40 1294.50 1325.85 1276.05 0.571 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 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
12 Fri Aug 2022 1318.40 1396.45 1400.00 1276.05 0.842 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 23, 25, 3 Sell
MACD -7, 3Sell
Stochastics 20Sell
CCI 2Buy
RSI 47Sell
OBV -27961Sell
VWAP 1314Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Mcx ( (Mcx) ) based on a short 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.

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mcx in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1314.33 and Mcx (Mcx) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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Daily charts

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Daily chart

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