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 2024-11-14 View latest technical analysis

10 day averaged volume of Multi Commodity is 422722

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	5950.65	5959.95	6115.00	5920.20	0.528 times
13 Wed Nov 2024	5949.15	6001.50	6145.00	5910.65	0.856 times
12 Tue Nov 2024	6104.35	6420.00	6447.45	6076.80	0.954 times
11 Mon Nov 2024	6405.05	6381.15	6480.00	6330.00	0.429 times
08 Fri Nov 2024	6413.10	6450.00	6530.00	6376.70	0.555 times
07 Thu Nov 2024	6422.60	6465.00	6520.00	6311.90	0.762 times
06 Wed Nov 2024	6456.75	6538.00	6599.10	6402.00	0.883 times
05 Tue Nov 2024	6538.80	6400.00	6580.00	6137.00	2.306 times
04 Mon Nov 2024	6457.25	6485.05	6485.05	6215.45	1.545 times
01 Fri Nov 2024	6489.35	6540.05	6617.85	6363.30	0.154 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 5970.4, for a target of 6230 or 6446.38

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	5747.53
Downside Intraday Target	5544.42
Upside Intraday Target	6316.88
Upside Intraday Target	6683.12
Upside Intraday Target	6113.77

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	5950.65	6381.15	6480.00	5910.65	0.457 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
14 Thu Nov 2024	5950.65	6540.05	6617.85	5910.65	0.32 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 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 losing 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 moving up

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 6354.73 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.