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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)

10 day averaged volume of Mrcexim is 57086

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	12.77	13.04	13.04	12.43	0.665 times
05 Thu Sep 2024	12.80	12.32	13.50	11.96	1.58 times
04 Wed Sep 2024	12.42	12.49	12.50	12.32	0.155 times
03 Tue Sep 2024	12.56	12.50	12.65	12.50	0.132 times
02 Mon Sep 2024	12.60	12.69	13.00	12.32	0.891 times
30 Fri Aug 2024	12.69	12.00	13.51	11.72	0.999 times
29 Thu Aug 2024	11.71	12.47	12.47	11.51	0.647 times
28 Wed Aug 2024	12.26	12.59	12.59	12.00	1.227 times
27 Tue Aug 2024	12.33	12.00	12.45	12.00	1.304 times
26 Mon Aug 2024	11.88	11.72	12.14	11.50	0.96 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.5, but if it comes below 12.5, then a intra day sell could be more profitable.
If you take a sell trade below 12.5, then use 12.5 as stoploss and 11.79 as target. However if you take a buy trade in stock , then use 12.5 as stoploss and 13.3 as target.

Share price targets for Mrcexim (Mrcexim)

Target Type	Value
Downside Target	10.25
Downside Target	10.60
Downside Target	11.07
Downside Target	11.50
Downside Target	12.25
Upside Target	13.45
Upside Target	13.50
Upside Target	13.51
Upside Target	14.00
Upside Target	14.58

Intraday share price targets for Mrcexim (Mrcexim)

Target Type	Value
Downside Intraday Target	11.99
Downside Intraday Target	11.2
Upside Intraday Target	13.53
Upside Intraday Target	14.28
Downside Intraday Target	12.74

Weekly technical analysis of Mrcexim (Mrcexim)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	12.77	12.69	13.50	11.96	0.666 times
30 Fri Aug 2024	12.69	11.72	13.51	11.50	0.943 times
23 Fri Aug 2024	11.49	10.97	11.78	10.25	2.505 times
16 Fri Aug 2024	10.67	11.42	11.67	10.60	1.175 times
09 Fri Aug 2024	11.34	11.37	11.78	11.07	0.391 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 Mrcexim (Mrcexim)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	12.77	12.69	13.50	11.96	0.205 times
30 Fri Aug 2024	12.69	11.98	13.51	10.25	1.046 times
31 Wed Jul 2024	11.94	12.51	13.45	11.69	0.859 times
28 Fri Jun 2024	12.78	13.25	14.58	12.05	1.357 times

Scroll below to view daily charts

Price has moved up 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 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 Mrcexim ( (Mrcexim) ) 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 Mrcexim ( (Mrcexim) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mrcexim 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.

Mrcexim Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.42 and Mrcexim (Mrcexim) 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 Mrcexim (Mrcexim) stock. Volume based technical analysis of Mrcexim (Mrcexim) stock is negative.

Mrcexim 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.