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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 2024-03-07 View latest technical analysis

10 day averaged volume of Multi Commodity is 387876

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	3616.95	3540.00	3625.00	3495.00	1.4 times
06 Wed Mar 2024	3515.40	3598.35	3598.35	3458.00	1.378 times
05 Tue Mar 2024	3575.95	3708.00	3736.75	3565.00	0.868 times
04 Mon Mar 2024	3707.70	3840.00	3844.00	3691.05	0.694 times
02 Sat Mar 2024	3826.35	3839.95	3857.90	3819.90	0.051 times
01 Fri Mar 2024	3819.75	3835.00	3877.85	3800.05	1.864 times
29 Thu Feb 2024	3763.80	3677.90	3788.90	3640.00	1.409 times
28 Wed Feb 2024	3660.05	3731.70	3758.00	3650.00	0.882 times
27 Tue Feb 2024	3720.25	3664.90	3749.90	3652.50	1.691 times
26 Mon Feb 2024	3663.60	3679.95	3705.00	3623.75	0.617 times

My analysis of stock is bearish for shortterm, and stock might move down till 3504.3 or till 3354.2. Use a stoploss of 3629.48 and if the stock hits stoploss, then it can shoot up till 3754.61

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2337.85
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3219.00
Downside Target	3292.00
Downside Target	3452.00
Downside Target	3593.05
Upside Target	3766.00
Upside Target	3785.00
Upside Target	3844.00
Upside Target	3877.85
Upside Target	3990.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3435.3
Downside Intraday Target	3253.65
Upside Intraday Target	3821.3
Upside Intraday Target	4025.65
Upside Intraday Target	3639.65

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	3616.95	3840.00	3844.00	3458.00	0.666 times
02 Sat Mar 2024	3826.35	3679.95	3877.85	3623.75	1.195 times
23 Fri Feb 2024	3676.95	3614.00	3766.00	3593.05	0.428 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

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
07 Thu Mar 2024	3616.95	3835.00	3877.85	3458.00	0.162 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
29 Fri Dec 2023	3199.85	3210.00	3344.00	3059.25	0.435 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up

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

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 3683.7 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.