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(Mrcexim) Mrcexim complete technical analysis [charts+indicators] | Buy/Sell Mrcexim | (Mrcexim) share price targets

Complete technical analysis of Mrcexim (Mrcexim) by charts plus indicators, forecast predictions and share price targets for Mrcexim (Mrcexim)

Showing technical analysis as on 2023-03-09 View latest technical analysis

10 day averaged volume of Mrcexim is 51219

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Mar 2023	55.10	56.42	56.42	52.75	1.297 times
08 Wed Mar 2023	53.74	56.70	56.80	53.50	0.377 times
06 Mon Mar 2023	55.96	58.00	58.00	54.55	0.819 times
03 Fri Mar 2023	55.72	59.00	59.00	55.25	0.409 times
02 Thu Mar 2023	58.03	59.00	59.00	56.90	0.407 times
01 Wed Mar 2023	57.47	59.00	59.00	55.50	2.064 times
28 Tue Feb 2023	57.45	60.00	60.50	55.15	1.37 times
27 Mon Feb 2023	57.80	55.75	60.30	54.70	2.177 times
24 Fri Feb 2023	57.50	61.00	61.00	56.25	0.892 times
23 Thu Feb 2023	58.10	60.50	60.50	56.75	1.05 times

My analysis of stock is bearish for shortterm, and stock might move down till 50.9 or till 45.6. Use a stoploss of 55.27 and if the stock hits stoploss, then it can shoot up till 59.65

Share price targets for Mrcexim (Mrcexim)

Target Type	Value
Downside Target	40.45
Downside Target	45.60
Downside Target	50.50
Downside Target	52.75
Downside Target	54.70
Upside Target	56.00
Upside Target	58.00
Upside Target	60.50
Upside Target	61.50
Upside Target	62.70
Upside Target	68.75
Upside Target	72.75
Upside Target	78.00

Intraday share price targets for Mrcexim (Mrcexim)

Target Type	Value
Downside Intraday Target	52.57
Downside Intraday Target	50.03
Upside Intraday Target	57.82
Upside Intraday Target	60.53
Upside Intraday Target	55.28

Weekly technical analysis of Mrcexim (Mrcexim)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Mar 2023	55.10	58.00	58.00	52.75	0.388 times
03 Fri Mar 2023	55.72	55.75	60.50	54.70	1.205 times
24 Fri Feb 2023	57.50	60.00	62.70	56.25	0.597 times
17 Fri Feb 2023	60.00	51.50	61.50	40.45	1.406 times
10 Fri Feb 2023	49.85	51.00	56.80	45.60	7.04 times

Price has moved down 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 Mrcexim (Mrcexim)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu Mar 2023	55.10	59.00	59.00	52.75	0.216 times
28 Tue Feb 2023	57.45	56.00	62.70	40.45	2.542 times
31 Tue Jan 2023	53.00	65.25	68.75	50.50	0.604 times
30 Fri Dec 2022	65.05	67.80	72.75	56.00	0.93 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 Mrcexim (Mrcexim)

Price action analysis of Mrcexim ( (Mrcexim) ) 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 Mrcexim ( (Mrcexim) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mrcexim ( (Mrcexim) ) 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 Mrcexim stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mrcexim in short term and the sell signal is strong.

Mrcexim 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 in or above the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mrcexim is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.03 and Mrcexim (Mrcexim) 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 Mrcexim (Mrcexim) stock. Volume based technical analysis of Mrcexim (Mrcexim) stock is negative.

Mrcexim 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.