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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 2024-11-22 View latest technical analysis

10 day averaged volume of Multi Commodity is 321815

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6196.00	6195.00	6249.95	6159.80	0.498 times
21 Thu Nov 2024	6166.50	6140.00	6248.00	6033.00	1.211 times
19 Tue Nov 2024	6106.35	5950.00	6154.00	5930.15	1.2 times
18 Mon Nov 2024	5909.30	5940.00	6000.00	5820.80	1.064 times
14 Thu Nov 2024	5950.65	5959.95	6115.00	5920.20	0.694 times
13 Wed Nov 2024	5949.15	6001.50	6145.00	5910.65	1.124 times
12 Tue Nov 2024	6104.35	6420.00	6447.45	6076.80	1.253 times
11 Mon Nov 2024	6405.05	6381.15	6480.00	6330.00	0.564 times
08 Fri Nov 2024	6413.10	6450.00	6530.00	6376.70	0.729 times
07 Thu Nov 2024	6422.60	6465.00	6520.00	6311.90	1.001 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6105.9 as stoploss in an intra day buy trade for a target of 6349.92. However, stock will show a bearish move below 6105.9.

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	5820.80
Downside Target	6035.45
Upside Target	6480.00
Upside Target	6599.10
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	5927.88
Downside Intraday Target	5659.77
Upside Intraday Target	6357.03
Upside Intraday Target	6518.07
Downside Intraday Target	6088.92

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6196.00	5940.00	6249.95	5820.80	1.093 times
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

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 Fri Nov 2024	6196.00	6540.05	6617.85	5820.80	0.427 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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 but buying is losing 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 6141.59 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 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.