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 2024-08-22 View latest technical analysis

10 day averaged volume of Multi Commodity is 648024

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	4778.85	4803.95	4833.60	4763.20	0.554 times
21 Wed Aug 2024	4798.35	4774.80	4821.00	4746.65	0.395 times
20 Tue Aug 2024	4774.35	4787.00	4914.80	4759.25	1.428 times
19 Mon Aug 2024	4771.80	4630.00	4784.40	4630.00	0.999 times
16 Fri Aug 2024	4636.35	4379.55	4669.00	4379.05	1.827 times
14 Wed Aug 2024	4379.55	4368.00	4401.70	4302.00	0.506 times
13 Tue Aug 2024	4357.55	4427.00	4427.00	4345.95	0.374 times
12 Mon Aug 2024	4427.70	4390.00	4465.00	4345.00	0.889 times
09 Fri Aug 2024	4377.95	4310.00	4433.10	4281.15	2.277 times
08 Thu Aug 2024	4213.00	4276.00	4353.90	4160.35	0.926 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4617.6, but if it comes below 4617.6, then a intra day sell could be more profitable.
If you take a sell trade below 4617.6, then use 4617.6 as stoploss and 4394.02 as target. However if you take a buy trade in stock , then use 4617.6 as stoploss and 4886 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	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	4634.3
Downside Intraday Target	4489.75
Upside Intraday Target	4919.1
Upside Intraday Target	5059.35
Downside Intraday Target	4774.55

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	4778.85	4630.00	4914.80	4630.00	0.939 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
22 Thu Aug 2024	4778.85	4328.00	4914.80	4130.05	0.591 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 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 green color and prices are above the green cloud Prices appear to be coming down

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

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 4545.44 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.