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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 2024-03-21 View latest technical analysis

10 day averaged volume of Mcx is 22899

Date Daily Closing Price Open High Low Volume
21 Thu Mar 2024 3279.85 3217.00 3299.00 3217.00 0.865 times
20 Wed Mar 2024 3206.40 3224.55 3231.45 3175.95 0.633 times
19 Tue Mar 2024 3178.95 3197.05 3232.00 3169.95 0.636 times
18 Mon Mar 2024 3195.05 3249.80 3273.55 3151.75 0.694 times
15 Fri Mar 2024 3258.40 3205.15 3276.15 3076.55 1.877 times
14 Thu Mar 2024 3216.35 3210.00 3264.35 3152.10 1.37 times
13 Wed Mar 2024 3214.75 3420.05 3493.80 3180.00 1.651 times
12 Tue Mar 2024 3447.70 3550.30 3577.45 3432.65 0.682 times
11 Mon Mar 2024 3529.05 3623.55 3630.70 3512.00 0.607 times
07 Thu Mar 2024 3618.05 3548.00 3625.00 3497.55 1.187 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 3276.9 as stoploss in an intra day buy trade for a target of 3503.57. However, stock will show a bearish move below 3276.9.

Share price targets for Mcx (Mcx)

Target Type Value
Downside Target 2338.00
Downside Target 2958.05
Downside Target 3057.05
Downside Target 3151.75
Downside Target 3222.35
Upside Target 3293.55
Upside Target 3451.00
Upside Target 3594.05
Upside Target 3630.70
Upside Target 3766.00
Upside Target 3849.55
Upside Target 3875.00
Upside Target 3990.20

Intraday share price targets for Mcx (Mcx)

Target Type Value
Downside Intraday Target 3188.07
Downside Intraday Target 3096.28
Upside Intraday Target 3335.32
Upside Intraday Target 3390.78
Downside Intraday Target 3243.53

Weekly technical analysis of Mcx (Mcx)

Date Weekly Closing Price Open High Low Volume
21 Thu Mar 2024 3279.85 3249.80 3299.00 3151.75 0.457 times
15 Fri Mar 2024 3258.40 3623.55 3630.70 3076.55 1.508 times
07 Thu Mar 2024 3618.05 3849.55 3849.55 3458.90 0.813 times
02 Sat Mar 2024 3827.85 3678.55 3875.00 3625.00 1.117 times
23 Fri Feb 2024 3677.15 3629.65 3766.00 3594.05 0.429 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
21 Thu Mar 2024 3279.85 3867.75 3875.00 3076.55 0.478 times
29 Thu Feb 2024 3765.35 3412.85 3990.20 3293.55 1.197 times
31 Wed Jan 2024 3412.95 3171.10 3451.00 2958.05 0.672 times
29 Fri Dec 2023 3198.20 3210.00 3343.05 3057.05 0.447 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)

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mcx stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mcx in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 3305.62 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mcx stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mcx in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 3305.62 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 negative.

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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