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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 2024-03-22 View latest technical analysis

10 day averaged volume of Multi Commodity is 494383

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	3336.85	3277.00	3360.85	3260.05	0.848 times
21 Thu Mar 2024	3279.55	3233.30	3300.70	3225.05	0.853 times
20 Wed Mar 2024	3205.15	3200.00	3231.00	3174.00	0.738 times
19 Tue Mar 2024	3178.55	3208.00	3233.70	3170.25	0.654 times
18 Mon Mar 2024	3195.10	3220.00	3273.95	3150.00	1.18 times
15 Fri Mar 2024	3258.55	3183.30	3277.45	3075.25	1.594 times
14 Thu Mar 2024	3216.15	3210.10	3265.85	3155.10	1.204 times
13 Wed Mar 2024	3210.60	3446.35	3493.70	3175.00	1.542 times
12 Tue Mar 2024	3446.35	3555.50	3576.95	3430.80	0.704 times
11 Mon Mar 2024	3532.75	3616.95	3628.35	3511.10	0.432 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3260.3 as stoploss in an intra day buy trade for a target of 3486.47. However, stock will show a bearish move below 3260.3.

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
Downside Target	3219.00
Downside Target	3292.00
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	3204.28
Downside Intraday Target	3071.72
Upside Intraday Target	3415.13
Upside Intraday Target	3493.42
Downside Intraday Target	3282.57

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	3336.85	3220.00	3360.85	3150.00	0.78 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 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 Fri Mar 2024	3336.85	3835.00	3877.85	3075.25	0.484 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 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 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 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 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 Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Multi Commodity in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 3263.01 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 negative.

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