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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 2024-03-19 View latest technical analysis

10 day averaged volume of Multi Commodity is 497441

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	3178.55	3208.00	3233.70	3170.25	0.65 times
18 Mon Mar 2024	3195.10	3220.00	3273.95	3150.00	1.173 times
15 Fri Mar 2024	3258.55	3183.30	3277.45	3075.25	1.584 times
14 Thu Mar 2024	3216.15	3210.10	3265.85	3155.10	1.197 times
13 Wed Mar 2024	3210.60	3446.35	3493.70	3175.00	1.533 times
12 Tue Mar 2024	3446.35	3555.50	3576.95	3430.80	0.7 times
11 Mon Mar 2024	3532.75	3616.95	3628.35	3511.10	0.43 times
07 Thu Mar 2024	3616.95	3540.00	3625.00	3495.00	1.092 times
06 Wed Mar 2024	3515.40	3598.35	3598.35	3458.00	1.075 times
05 Tue Mar 2024	3575.95	3708.00	3736.75	3565.00	0.677 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3332.4, but if it comes above 3332.4, then a intra day buy could be more profitable.
If you take a sell trade below 3332.4, then use 3332.4 as stoploss and 3076.8 as target. However if you take a buy trade in stock , then use 3332.4 as stoploss and 3545.34 as target.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2337.85
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3150.00
Upside Target	3219.00
Upside Target	3452.00
Upside Target	3593.05
Upside Target	3628.35
Upside Target	3766.00
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	3127.72
Downside Intraday Target	3076.88
Upside Intraday Target	3251.67
Upside Intraday Target	3324.78
Upside Intraday Target	3200.83

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	3178.55	3220.00	3273.95	3150.00	0.335 times
15 Fri Mar 2024	3258.55	3616.95	3628.35	3075.25	1.608 times
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

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
19 Tue Mar 2024	3178.55	3835.00	3877.85	3075.25	0.403 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Multi Commodity is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3345.67 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.