(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 2022-11-07 View latest technical analysis
10 day averaged volume of Mcx is 69989
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 1534.75 | 1502.25 | 1549.50 | 1502.25 | 0.558 times |
| 04 Fri Nov 2022 | 1498.60 | 1493.05 | 1513.50 | 1492.00 | 0.067 times |
| 03 Thu Nov 2022 | 1502.40 | 1477.80 | 1514.00 | 1465.00 | 0.409 times |
| 02 Wed Nov 2022 | 1492.55 | 1509.30 | 1518.00 | 1482.70 | 0.398 times |
| 01 Tue Nov 2022 | 1517.20 | 1535.50 | 1541.30 | 1512.00 | 0.213 times |
| 31 Mon Oct 2022 | 1535.50 | 1509.00 | 1539.90 | 1509.00 | 0.793 times |
| 28 Fri Oct 2022 | 1507.75 | 1509.85 | 1512.00 | 1483.60 | 2.108 times |
| 27 Thu Oct 2022 | 1512.60 | 1500.50 | 1520.55 | 1471.70 | 0.742 times |
| 25 Tue Oct 2022 | 1494.45 | 1375.00 | 1500.00 | 1371.80 | 4.98 times |
| 24 Mon Oct 2022 | 1369.85 | 1356.00 | 1386.00 | 1352.60 | 0.227 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1502.3, but if it comes below 1502.3, then a intra day sell could be more profitable.
If you take a sell trade below 1502.3, then use 1502.3 as stoploss and 1408.64 as target. However if you take a buy trade in stock , then use 1502.3 as stoploss and 1614.7 as target.
Share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Target | 1156.05 |
| Downside Target | 1230.00 |
| Downside Target | 1280.05 |
| Downside Target | 1346.00 |
| Downside Target | 1400.00 |
| Downside Target | 1434.00 |
| Downside Target | 1465.00 |
| Downside Target | 1502.25 |
| Downside Target | 1520.55 |
| Upside Target | 1539.90 |
| Upside Target | 1541.30 |
| Upside Target | 1549.50 |
Intraday share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Intraday Target | 1508.17 |
| Downside Intraday Target | 1481.58 |
| Upside Intraday Target | 1555.42 |
| Upside Intraday Target | 1576.08 |
| Downside Intraday Target | 1528.83 |
Weekly technical analysis of Mcx (Mcx)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 1534.75 | 1502.25 | 1549.50 | 1502.25 | 0.297 times |
| 04 Fri Nov 2022 | 1498.60 | 1509.00 | 1541.30 | 1465.00 | 0.233 times |
| 28 Fri Oct 2022 | 1507.75 | 1356.00 | 1520.55 | 1352.60 | 17.83 times |
| 21 Fri Oct 2022 | 1317.65 | 1303.05 | 1346.00 | 1298.70 | 0.475 times |
| 14 Fri Oct 2022 | 1310.75 | 1313.90 | 1348.00 | 1291.40 | 0.629 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 |
| 07 Mon Nov 2022 | 1534.75 | 1535.50 | 1549.50 | 1465.00 | 0.14 times |
| 31 Mon Oct 2022 | 1535.50 | 1230.00 | 1539.90 | 1230.00 | 1.207 times |
| 30 Fri Sep 2022 | 1218.80 | 1285.00 | 1310.40 | 1156.05 | 2.007 times |
| 30 Tue Aug 2022 | 1289.80 | 1396.45 | 1400.00 | 1251.05 | 1.774 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 | 39, 13, 49 | Buy |
| MACD | 108, 94 | Buy |
| Stochastics | 86 | Buy |
| CCI | 83 | Buy |
| RSI | 67 | Buy |
| OBV | 336712 | Sell |
| VWAP | 1502 | Buy |
| ADL | 0 | Sell |
| ROC | 16 | Buy |
| 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mcx in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 1501.68 and Mcx (Mcx) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mcx (Mcx) stock. Volume based technical analysis of Mcx (Mcx) stock is negative.
Mcx Stock is giving positive 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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