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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 2024-08-07 View latest technical analysis

10 day averaged volume of Multi Commodity is 829024

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	4288.30	4225.00	4299.00	4170.05	0.296 times
06 Tue Aug 2024	4148.65	4250.00	4303.80	4130.05	0.418 times
05 Mon Aug 2024	4198.85	4151.55	4299.90	4130.75	0.907 times
02 Fri Aug 2024	4330.40	4269.00	4379.95	4232.30	0.648 times
01 Thu Aug 2024	4380.55	4328.00	4400.00	4267.35	0.882 times
31 Wed Jul 2024	4289.70	4203.05	4346.85	4125.00	1.637 times
30 Tue Jul 2024	4202.15	4225.00	4324.90	4190.25	1.089 times
29 Mon Jul 2024	4202.50	4175.00	4288.90	4155.40	1.064 times
26 Fri Jul 2024	4140.00	4185.00	4244.00	4104.55	0.652 times
25 Thu Jul 2024	4183.80	4049.85	4203.00	4021.00	0.885 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4262.1, but if it comes below 4262.1, then a intra day sell could be more profitable.
If you take a sell trade below 4262.1, then use 4262.1 as stoploss and 4057.49 as target. However if you take a buy trade in stock , then use 4262.1 as stoploss and 4507.7 as target.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2917.85
Downside Target	3310.00
Downside Target	3594.00
Downside Target	3767.75
Downside Target	4036.60
Downside Target	4149.70
Downside Target	4244.00
Downside Target	4270.00
Upside Target	4303.80
Upside Target	4346.85
Upside Target	4400.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	4177.63
Downside Intraday Target	4066.97
Upside Intraday Target	4351.38
Upside Intraday Target	4414.47
Downside Intraday Target	4240.72

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	4288.30	4151.55	4303.80	4130.05	0.305 times
02 Fri Aug 2024	4330.40	4175.00	4400.00	4125.00	1.055 times
26 Fri Jul 2024	4140.00	3815.40	4244.00	3620.30	1.433 times
19 Fri Jul 2024	3824.15	3772.00	4093.05	3767.75	0.838 times
12 Fri Jul 2024	3771.35	3998.90	4036.60	3680.00	1.868 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 Wed Aug 2024	4288.30	4328.00	4400.00	4130.05	0.168 times
31 Wed Jul 2024	4289.70	3939.95	4346.85	3620.30	1.262 times
28 Fri Jun 2024	3923.90	3809.00	4043.00	2917.85	1.284 times
31 Fri May 2024	3631.35	4115.90	4149.70	3594.00	0.336 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 term time period is neutral. A longer time frame might give a better analysis.

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 Weak 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 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 buy signal for Multi Commodity in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4240.79 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 positive

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