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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 2024-11-13 View latest technical analysis

10 day averaged volume of Multi Commodity is 495130

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	5949.15	6001.50	6145.00	5910.65	0.731 times
12 Tue Nov 2024	6104.35	6420.00	6447.45	6076.80	0.814 times
11 Mon Nov 2024	6405.05	6381.15	6480.00	6330.00	0.366 times
08 Fri Nov 2024	6413.10	6450.00	6530.00	6376.70	0.474 times
07 Thu Nov 2024	6422.60	6465.00	6520.00	6311.90	0.65 times
06 Wed Nov 2024	6456.75	6538.00	6599.10	6402.00	0.754 times
05 Tue Nov 2024	6538.80	6400.00	6580.00	6137.00	1.969 times
04 Mon Nov 2024	6457.25	6485.05	6485.05	6215.45	1.319 times
01 Fri Nov 2024	6489.35	6540.05	6617.85	6363.30	0.131 times
31 Thu Oct 2024	6515.90	6405.50	6541.60	6345.70	1.329 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6056.1, for a target of 6279.6 or 6465.92

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	5910.65
Upside Target	6035.45
Upside Target	6480.00
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	5746.53
Downside Intraday Target	5543.92
Upside Intraday Target	6315.88
Upside Intraday Target	6682.62
Upside Intraday Target	6113.27

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	5949.15	6381.15	6480.00	5910.65	0.37 times
08 Fri Nov 2024	6413.10	6485.05	6599.10	6137.00	0.845 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

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
13 Wed Nov 2024	5949.15	6540.05	6617.85	5910.65	0.301 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Multi Commodity ( (MCX) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Multi Commodity Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 6401.15 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.