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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.

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Multi Commodity is 788265

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	3668.00	3687.00	3687.00	3606.55	0.436 times
21 Wed Feb 2024	3653.95	3733.55	3756.00	3635.65	0.654 times
20 Tue Feb 2024	3708.05	3715.00	3766.00	3691.05	0.572 times
19 Mon Feb 2024	3708.90	3614.00	3724.95	3593.05	0.752 times
16 Fri Feb 2024	3584.75	3488.00	3626.05	3435.70	1.011 times
15 Thu Feb 2024	3454.05	3398.00	3498.00	3351.45	0.708 times
14 Wed Feb 2024	3357.90	3393.30	3416.65	3292.00	1.278 times
13 Tue Feb 2024	3418.35	3488.85	3569.85	3370.00	1.527 times
12 Mon Feb 2024	3488.95	3785.00	3785.00	3455.55	1.741 times
09 Fri Feb 2024	3829.90	3900.20	3990.00	3752.10	0.889 times

My analysis of stock is bullish for shortterm, and stock might move up till 3777.5 or till 4007.4. Use a stoploss of 3585.86 and if this stock hits its stoploss, then it can fall down till 3394.24

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	1913.15
Downside Target	2337.85
Downside Target	2417.20
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3219.00
Downside Target	3452.00
Downside Target	3593.05
Downside Target	3610.00
Upside Target	3681.80
Upside Target	3766.00
Upside Target	3785.00
Upside Target	3990.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3585.37
Downside Intraday Target	3502.73
Upside Intraday Target	3758.32
Upside Intraday Target	3848.63
Upside Intraday Target	3675.68

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	3668.00	3614.00	3766.00	3593.05	0.385 times
16 Fri Feb 2024	3584.75	3785.00	3785.00	3292.00	1.139 times
09 Fri Feb 2024	3829.90	3684.80	3990.00	3610.00	1.134 times
02 Fri Feb 2024	3655.10	3250.00	3681.80	3226.45	1.353 times
25 Thu Jan 2024	3221.10	3216.00	3243.00	2958.00	1.197 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 Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	3668.00	3402.05	3990.00	3292.00	1.12 times
31 Wed Jan 2024	3414.05	3195.00	3452.00	2958.00	0.757 times
29 Fri Dec 2023	3199.85	3210.00	3344.00	3059.25	0.435 times
30 Thu Nov 2023	3195.35	2355.00	3219.00	2337.85	0.886 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 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 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 short to mid 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 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 BUY. 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. 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 moving up

CCI has generated a SELL signal for Multi Commodity in short term but SELL 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

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 3549.22 and Multi Commodity (MCX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.