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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 2024-08-21 View latest technical analysis

10 day averaged volume of Multi Commodity is 657068

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	4798.35	4774.80	4821.00	4746.65	0.389 times
20 Tue Aug 2024	4774.35	4787.00	4914.80	4759.25	1.408 times
19 Mon Aug 2024	4771.80	4630.00	4784.40	4630.00	0.986 times
16 Fri Aug 2024	4636.35	4379.55	4669.00	4379.05	1.802 times
14 Wed Aug 2024	4379.55	4368.00	4401.70	4302.00	0.499 times
13 Tue Aug 2024	4357.55	4427.00	4427.00	4345.95	0.368 times
12 Mon Aug 2024	4427.70	4390.00	4465.00	4345.00	0.877 times
09 Fri Aug 2024	4377.95	4310.00	4433.10	4281.15	2.246 times
08 Thu Aug 2024	4213.00	4276.00	4353.90	4160.35	0.914 times
07 Wed Aug 2024	4288.30	4225.00	4299.00	4170.05	0.374 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4833.8, for a target of 4574.5 or 4358.41

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	2917.85
Downside Target	3310.00
Downside Target	3594.00
Downside Target	4043.00
Downside Target	4125.00
Downside Target	4244.00
Downside Target	4346.85
Downside Target	4400.00
Downside Target	4433.10
Downside Target	4630.00
Downside Target	4669.00
Upside Target	4914.80

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	4647.3
Downside Intraday Target	4496.25
Upside Intraday Target	4932.1
Upside Intraday Target	5065.85
Downside Intraday Target	4781.05

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	4798.35	4630.00	4914.80	4630.00	0.785 times
16 Fri Aug 2024	4636.35	4390.00	4669.00	4302.00	0.681 times
09 Fri Aug 2024	4377.95	4151.55	4433.10	4130.05	0.775 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

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
21 Wed Aug 2024	4798.35	4328.00	4914.80	4130.05	0.567 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 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 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 losing 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 green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 4522.76 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 positive

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