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

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

Multi Commodity trades in NSE in Other Financial Services sector.

10 day averaged volume of Multi Commodity is 1597547

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	3903.95	3912.70	3952.30	3885.00	0.219 times
07 Tue May 2024	3912.70	4069.60	4069.60	3822.50	0.361 times
06 Mon May 2024	4047.30	4038.00	4103.90	3951.05	0.321 times
03 Fri May 2024	4009.45	4117.00	4121.10	3987.15	0.256 times
02 Thu May 2024	4081.30	4115.90	4149.70	4072.90	0.223 times
30 Tue Apr 2024	4109.00	4100.00	4146.40	4082.20	0.434 times
29 Mon Apr 2024	4066.40	4160.00	4169.95	3897.55	1.31 times
26 Fri Apr 2024	4167.80	4160.85	4270.00	4145.05	0.867 times
25 Thu Apr 2024	4160.85	3855.00	4185.00	3824.85	2.814 times
24 Wed Apr 2024	3839.45	3900.00	3913.30	3713.30	2.224 times

My analysis of stock is bearish for shortterm, and stock might move down till 3766.6 or till 3580.8. Use a stoploss of 3921.47 and if the stock hits stoploss, then it can shoot up till 4076.32

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2958.00
Downside Target	3075.25
Downside Target	3292.00
Downside Target	3452.00
Downside Target	3572.05
Downside Target	3660.20
Downside Target	3822.50
Upside Target	4072.60
Upside Target	4103.90
Upside Target	4149.70
Upside Target	4169.95
Upside Target	4270.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3783
Downside Intraday Target	3662.05
Upside Intraday Target	4064.4
Upside Intraday Target	4224.85
Upside Intraday Target	3943.45

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	3903.95	4038.00	4103.90	3822.50	0.405 times
03 Fri May 2024	4009.45	4160.00	4169.95	3897.55	0.286 times
26 Fri Apr 2024	4167.80	3855.00	4270.00	3713.30	2.921 times
19 Fri Apr 2024	3792.15	3795.00	3939.00	3660.20	0.624 times
12 Fri Apr 2024	3818.25	3595.00	4072.60	3572.05	2.834 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 Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	3903.95	4115.90	4149.70	3822.50	0.077 times
30 Tue Apr 2024	4109.00	3330.00	4270.00	3310.00	3.492 times
28 Thu Mar 2024	3349.60	3835.00	3877.85	3075.25	0.548 times
29 Thu Feb 2024	3763.80	3402.05	3990.00	3292.00	1.292 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 Multi Commodity (MCX)

Price action analysis of Multi Commodity ( (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 Multi Commodity ( (MCX) ) 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 Multi Commodity ( (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 Multi Commodity stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Multi Commodity in short term but the sell signal is initial and weak.

Multi Commodity 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. Bears are getting stronger in this stock.

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 SELL signal for Multi Commodity in short term and SELL 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 Multi Commodity is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4039.71 and Multi Commodity (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 Multi Commodity (MCX) stock. Volume based technical analysis of Multi Commodity (MCX) stock is negative.

Multi Commodity Stock has given negative 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.