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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 2023-05-30 View latest technical analysis

10 day averaged volume of Mcx is 26159

Date Daily Closing Price Open High Low Volume
30 Tue May 2023 1447.45 1392.05 1454.40 1392.05 1.082 times
29 Mon May 2023 1392.00 1370.00 1428.75 1370.00 1.128 times
26 Fri May 2023 1366.85 1350.70 1369.60 1345.10 0.577 times
25 Thu May 2023 1347.20 1355.00 1367.70 1344.05 0.665 times
24 Wed May 2023 1355.80 1384.85 1393.10 1351.20 0.566 times
23 Tue May 2023 1388.40 1327.35 1405.00 1327.35 3.439 times
22 Mon May 2023 1320.65 1289.95 1347.20 1289.20 1.252 times
19 Fri May 2023 1349.45 1364.30 1364.30 1330.05 0.663 times
18 Thu May 2023 1356.15 1346.00 1384.15 1346.00 0.743 times
17 Wed May 2023 1342.40 1365.05 1380.00 1334.40 0.387 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1424.7, for a target of 1394.8 or 1369.82

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 1289.20
Downside Target 1330.05
Downside Target 1405.00
Downside Target 1410.40
Downside Target 1428.40
Upside Target 1454.40
Upside Target 1536.40
Upside Target 1542.00
Upside Target 1573.90
Upside Target 1637.40

Intraday share price targets for Mcx (Mcx)

Target Type Value
Downside Intraday Target 1393.5
Downside Intraday Target 1339.55
Upside Intraday Target 1477.9
Upside Intraday Target 1508.35
Downside Intraday Target 1423.95

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
30 Tue May 2023 1447.45 1370.00 1454.40 1370.00 0.34 times
26 Fri May 2023 1366.85 1289.95 1405.00 1289.20 1.971 times
19 Fri May 2023 1349.45 1351.45 1388.60 1330.05 0.274 times
12 Fri May 2023 1357.55 1386.25 1389.45 1353.20 10.091 times
05 Fri May 2023 1379.45 1400.70 1410.40 1361.05 0.256 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
30 Tue May 2023 1447.45 1400.70 1454.40 1289.20 2.97 times
28 Fri Apr 2023 1399.35 1516.10 1542.00 1372.10 0.892 times
31 Fri Mar 2023 1516.10 1409.10 1536.40 1373.65 0.753 times
28 Tue Feb 2023 1402.30 1573.90 1573.90 1345.25 0.638 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mcx (Mcx)

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 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 short to mid 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 mid to longer 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.

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 but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mcx is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1374.81 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 negative.

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

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 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 short to mid 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 mid to longer 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.

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 but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mcx is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1374.81 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 negative.

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

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