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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 1405310

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	3839.45	3900.00	3913.30	3713.30	2.528 times
23 Tue Apr 2024	4022.10	3930.00	4048.05	3917.70	1.354 times
22 Mon Apr 2024	3903.25	3855.00	3959.00	3822.00	0.774 times
19 Fri Apr 2024	3792.15	3870.00	3892.35	3780.60	0.511 times
18 Thu Apr 2024	3890.40	3776.50	3939.00	3765.30	0.976 times
16 Tue Apr 2024	3745.00	3700.00	3802.05	3662.35	0.558 times
15 Mon Apr 2024	3727.05	3795.00	3809.65	3660.20	0.982 times
12 Fri Apr 2024	3818.25	3884.05	4072.60	3807.00	1.722 times
10 Wed Apr 2024	3903.95	3781.90	3986.15	3747.20	2.118 times
09 Tue Apr 2024	3732.10	3629.95	3742.50	3575.05	0.711 times

Stock of Multi Commodity (MCX) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3864.4 as stoploss in an intra day sell trade for a target of 3662.1. However, stock will show a bullish move above 3864.4.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3292.00
Downside Target	3572.05
Downside Target	3645.00
Downside Target	3713.30
Upside Target	3877.85
Upside Target	3939.00
Upside Target	3990.00
Upside Target	4048.05
Upside Target	4072.60

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3685.82
Downside Intraday Target	3532.18
Upside Intraday Target	4020.57
Upside Intraday Target	4201.68
Upside Intraday Target	3866.93

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	3839.45	3855.00	4048.05	3713.30	1.539 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
05 Fri Apr 2024	3563.70	3330.00	3645.00	3310.00	2.49 times
28 Thu Mar 2024	3349.60	3316.25	3410.00	3308.90	0.457 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	3839.45	3330.00	4072.60	3310.00	2.437 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
31 Wed Jan 2024	3414.05	3195.00	3452.00	2958.00	0.757 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Multi Commodity ( (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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Multi Commodity stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Multi Commodity in short term and the buy signal is strong.

Multi Commodity Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Multi Commodity in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 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 3854.41 and Multi Commodity (MCX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.