Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-08 View latest technical analysis

10 day averaged volume of Multi Commodity is 420898

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	3597.00	3595.00	3635.00	3572.05	0.985 times
05 Fri Apr 2024	3563.70	3590.05	3600.00	3535.00	0.542 times
04 Thu Apr 2024	3590.50	3596.05	3645.00	3528.15	1.645 times
03 Wed Apr 2024	3573.90	3565.00	3586.90	3501.20	0.903 times
02 Tue Apr 2024	3575.90	3540.05	3598.00	3540.05	0.805 times
01 Mon Apr 2024	3562.20	3330.00	3577.00	3310.00	1.813 times
28 Thu Mar 2024	3349.60	3365.25	3394.65	3315.60	0.788 times
27 Wed Mar 2024	3356.80	3393.95	3410.00	3330.05	0.633 times
26 Tue Mar 2024	3361.90	3316.25	3382.00	3308.90	0.872 times
22 Fri Mar 2024	3336.85	3277.00	3360.85	3260.05	0.996 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3558.4, but if it comes below 3558.4, then a intra day sell could be more profitable.
If you take a sell trade below 3558.4, then use 3558.4 as stoploss and 3400.4 as target. However if you take a buy trade in stock , then use 3558.4 as stoploss and 3748 as target.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3150.00
Downside Target	3292.00
Downside Target	3452.00
Downside Target	3572.05
Upside Target	3628.35
Upside Target	3635.00
Upside Target	3645.00
Upside Target	3877.85
Upside Target	3990.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3567.7
Downside Intraday Target	3538.4
Upside Intraday Target	3630.65
Upside Intraday Target	3664.3
Upside Intraday Target	3601.35

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	3597.00	3595.00	3635.00	3572.05	0.173 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
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

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
08 Mon Apr 2024	3597.00	3330.00	3645.00	3310.00	0.343 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, 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Strong and stock is gaining momentum.

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

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

Multi Commodity Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 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 3502.76 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 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 negative.

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