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 2024-12-26 View latest technical analysis

10 day averaged volume of Multi Commodity is 238268

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	6352.65	6369.90	6380.50	6286.45	0.721 times
24 Tue Dec 2024	6342.35	6375.00	6475.00	6301.00	0.635 times
23 Mon Dec 2024	6373.30	6400.05	6461.40	6300.90	0.916 times
20 Fri Dec 2024	6397.40	6700.00	6700.00	6327.70	1.177 times
19 Thu Dec 2024	6686.35	6575.00	6724.70	6499.25	0.848 times
18 Wed Dec 2024	6698.00	6730.00	6789.90	6571.10	0.878 times
17 Tue Dec 2024	6750.55	6706.75	6790.00	6655.00	0.947 times
16 Mon Dec 2024	6706.75	6588.00	6742.00	6523.55	1.072 times
13 Fri Dec 2024	6569.35	6650.00	6656.00	6439.00	1.181 times
12 Thu Dec 2024	6674.05	6740.00	6843.95	6656.00	1.154 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 6287 as stoploss in an intra day buy trade for a target of 6516.76. However, stock will show a bearish move below 6287.

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	4130.05
Downside Target	5125.60
Downside Target	5234.60
Downside Target	5677.45
Downside Target	5820.80
Downside Target	6006.30
Downside Target	6286.45
Upside Target	6617.85
Upside Target	6790.00
Upside Target	6870.00
Upside Target	7010.00
Upside Target	7048.60

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	6267.73
Downside Intraday Target	6182.82
Upside Intraday Target	6456.28
Upside Intraday Target	6559.92
Upside Intraday Target	6371.37

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	6352.65	6400.05	6475.00	6286.45	0.462 times
20 Fri Dec 2024	6397.40	6588.00	6790.00	6327.70	0.738 times
13 Fri Dec 2024	6569.35	6974.70	7010.00	6439.00	0.609 times
06 Fri Dec 2024	6920.00	6225.00	7048.60	6139.50	2.127 times
29 Fri Nov 2024	6185.35	6256.30	6305.60	6006.30	0.959 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
26 Thu Dec 2024	6352.65	6225.00	7048.60	6139.50	0.939 times
29 Fri Nov 2024	6185.35	6540.05	6617.85	5820.80	0.531 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

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Multi Commodity stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 6566.15 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 negative.

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