(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 2024-05-28 View latest technical analysis
10 day averaged volume of Mcx is 18869
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 3777.50 | 3847.95 | 3883.30 | 3754.55 | 0.837 times |
| 27 Mon May 2024 | 3807.45 | 3761.90 | 3852.00 | 3720.15 | 1.607 times |
| 24 Fri May 2024 | 3759.45 | 3746.90 | 3830.05 | 3744.30 | 0.698 times |
| 23 Thu May 2024 | 3755.45 | 3781.15 | 3801.80 | 3680.00 | 1.241 times |
| 22 Wed May 2024 | 3773.70 | 3871.30 | 3882.90 | 3741.10 | 1.407 times |
| 21 Tue May 2024 | 3836.90 | 4040.05 | 4053.70 | 3829.65 | 2.01 times |
| 18 Sat May 2024 | 4039.75 | 4036.95 | 4074.85 | 4005.15 | 0.286 times |
| 17 Fri May 2024 | 4037.35 | 3960.00 | 4054.65 | 3906.45 | 1.043 times |
| 16 Thu May 2024 | 3924.10 | 3924.35 | 3954.55 | 3875.10 | 0.525 times |
| 15 Wed May 2024 | 3899.35 | 3898.95 | 3961.15 | 3883.10 | 0.69 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3782.4, but if it comes above 3782.4, then a intra day buy could be more profitable.
If you take a sell trade below 3782.4, then use 3782.4 as stoploss and 3644.2 as target. However if you take a buy trade in stock , then use 3782.4 as stoploss and 3897.47 as target.
Share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Target | 2958.05 |
| Downside Target | 3076.55 |
| Downside Target | 3293.55 |
| Downside Target | 3451.00 |
| Downside Target | 3680.00 |
| Upside Target | 3875.00 |
| Upside Target | 3990.20 |
| Upside Target | 4053.70 |
| Upside Target | 4074.85 |
| Upside Target | 4101.50 |
| Upside Target | 4146.00 |
| Upside Target | 4171.15 |
| Upside Target | 4270.00 |
Intraday share price targets for Mcx (Mcx)
| Target Type | Value |
| Downside Intraday Target | 3704 |
| Downside Intraday Target | 3630.5 |
| Upside Intraday Target | 3867.15 |
| Upside Intraday Target | 3956.8 |
| Upside Intraday Target | 3793.65 |
Weekly technical analysis of Mcx (Mcx)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 3777.50 | 3761.90 | 3883.30 | 3720.15 | 0.456 times |
| 24 Fri May 2024 | 3759.45 | 4040.05 | 4053.70 | 3680.00 | 1.215 times |
| 18 Sat May 2024 | 4039.75 | 3819.55 | 4074.85 | 3685.00 | 0.687 times |
| 10 Fri May 2024 | 3817.65 | 4020.05 | 4101.50 | 3731.00 | 0.625 times |
| 03 Fri May 2024 | 4009.35 | 4166.70 | 4171.15 | 3897.90 | 0.341 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 |
| 28 Tue May 2024 | 3777.50 | 4119.15 | 4146.00 | 3680.00 | 0.295 times |
| 30 Tue Apr 2024 | 4107.60 | 3301.25 | 4270.00 | 3301.25 | 2.416 times |
| 28 Thu Mar 2024 | 3348.50 | 3867.75 | 3875.00 | 3076.55 | 0.777 times |
| 29 Thu Feb 2024 | 3765.35 | 3412.85 | 3990.20 | 3293.55 | 1.197 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mcx in short term but the sell signal is initial and weak.
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 coming down
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 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 3838.32 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mcx in short term but the sell signal is initial and weak.
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 coming down
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 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 3838.32 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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