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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 2024-11-04 View latest technical analysis

10 day averaged volume of Multi Commodity is 623729

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	6457.25	6485.05	6485.05	6215.45	1.047 times
01 Fri Nov 2024	6489.35	6540.05	6617.85	6363.30	0.104 times
31 Thu Oct 2024	6515.90	6405.50	6541.60	6345.70	1.055 times
30 Wed Oct 2024	6390.35	6850.00	6864.75	6222.00	1.741 times
29 Tue Oct 2024	6824.75	6587.90	6870.00	6496.05	1.35 times
28 Mon Oct 2024	6565.40	6499.00	6604.95	6386.05	0.603 times
25 Fri Oct 2024	6487.55	6646.40	6679.35	6340.00	0.86 times
24 Thu Oct 2024	6649.30	6700.00	6734.00	6503.20	0.78 times
23 Wed Oct 2024	6686.05	6416.00	6809.45	6416.00	1.057 times
22 Tue Oct 2024	6431.05	6640.00	6698.40	6395.00	0.912 times

My analysis of stock is bearish for shortterm, and stock might move down till 6270.4 or till 6044. Use a stoploss of 6459 and if the stock hits stoploss, then it can shoot up till 6647.62

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	3620.30
Downside Target	4130.05
Downside Target	4346.85
Downside Target	5125.60
Downside Target	5234.60
Downside Target	5677.45
Downside Target	6035.45
Downside Target	6215.45
Upside Target	6485.05
Upside Target	6605.95
Upside Target	6617.85
Upside Target	6809.45
Upside Target	6870.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	6286.78
Downside Intraday Target	6116.32
Upside Intraday Target	6556.38
Upside Intraday Target	6655.52
Downside Intraday Target	6385.92

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	6457.25	6485.05	6485.05	6215.45	0.216 times
01 Fri Nov 2024	6489.35	6499.00	6870.00	6222.00	0.943 times
25 Fri Oct 2024	6487.55	6645.65	6809.45	6340.00	1.495 times
18 Fri Oct 2024	6561.15	6443.80	6605.95	6280.55	0.961 times
11 Fri Oct 2024	6410.55	5857.95	6441.95	5677.45	1.471 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
04 Mon Nov 2024	6457.25	6540.05	6617.85	6215.45	0.061 times
31 Thu Oct 2024	6515.90	5700.00	6870.00	5677.45	1.065 times
30 Mon Sep 2024	5660.30	5209.85	6035.45	5125.60	0.911 times
30 Fri Aug 2024	5182.80	4328.00	5234.60	4130.05	0.785 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Multi Commodity in short term and SELL 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 6552.32 and Multi Commodity (MCX) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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