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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 2024-12-27 View latest technical analysis

10 day averaged volume of Multi Commodity is 227064

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	6341.20	6352.65	6432.60	6325.15	0.679 times
26 Thu Dec 2024	6352.65	6369.90	6380.50	6286.45	0.756 times
24 Tue Dec 2024	6342.35	6375.00	6475.00	6301.00	0.666 times
23 Mon Dec 2024	6373.30	6400.05	6461.40	6300.90	0.961 times
20 Fri Dec 2024	6397.40	6700.00	6700.00	6327.70	1.235 times
19 Thu Dec 2024	6686.35	6575.00	6724.70	6499.25	0.89 times
18 Wed Dec 2024	6698.00	6730.00	6789.90	6571.10	0.921 times
17 Tue Dec 2024	6750.55	6706.75	6790.00	6655.00	0.994 times
16 Mon Dec 2024	6706.75	6588.00	6742.00	6523.55	1.125 times
13 Fri Dec 2024	6569.35	6650.00	6656.00	6439.00	1.239 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 6314.9 as stoploss in an intra day buy trade for a target of 6528.64. However, stock will show a bearish move below 6314.9.

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	6260.1
Downside Intraday Target	6179
Upside Intraday Target	6448.65
Upside Intraday Target	6556.1
Upside Intraday Target	6367.55

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	6341.20	6400.05	6475.00	6286.45	0.593 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
27 Fri Dec 2024	6341.20	6225.00	7048.60	6139.50	0.963 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 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 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 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 coming down

CCI has generated a buy signal for Multi Commodity in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 6536.2 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.