(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)
Intraday share price targets for Mcx (Mcx)
|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|
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.