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(MMTC) Mmtc complete technical analysis [charts+indicators] | Buy/Sell Mmtc | (MMTC) share price targets

Complete technical analysis of Mmtc (MMTC) by charts plus indicators, forecast predictions and share price targets for Mmtc (MMTC)

Mmtc trades in NSE in Comm.Trading & Distribution sector.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Mmtc is 2349555

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	64.60	66.50	67.40	64.10	0.87 times
22 Fri Mar 2024	66.30	66.40	67.45	64.60	1.029 times
21 Thu Mar 2024	66.05	64.00	66.05	64.00	1.048 times
20 Wed Mar 2024	62.95	64.20	64.90	62.15	0.442 times
19 Tue Mar 2024	63.60	66.10	67.50	63.10	0.717 times
18 Mon Mar 2024	66.10	65.70	68.25	64.60	0.966 times
15 Fri Mar 2024	67.05	69.00	70.15	65.40	1.034 times
14 Thu Mar 2024	68.85	63.85	69.40	62.85	1.685 times
13 Wed Mar 2024	66.15	69.70	71.65	66.15	1.037 times
12 Tue Mar 2024	69.60	72.65	72.70	68.50	1.14 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.8, but if it comes above 65.8, then a intra day buy could be more profitable.
If you take a sell trade below 65.8, then use 65.8 as stoploss and 58.6 as target. However if you take a buy trade in stock , then use 65.8 as stoploss and 71.67 as target.

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	49.90
Downside Target	56.45
Downside Target	58.80
Downside Target	62.15
Upside Target	67.40
Upside Target	73.55
Upside Target	75.50
Upside Target	76.95
Upside Target	80.95
Upside Target	83.35
Upside Target	83.50
Upside Target	101.90

Intraday share price targets for Mmtc (MMTC)

Target Type	Value
Downside Intraday Target	63.33
Downside Intraday Target	62.07
Upside Intraday Target	66.63
Upside Intraday Target	68.67
Upside Intraday Target	65.37

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	64.60	66.50	67.40	64.10	0.207 times
22 Fri Mar 2024	66.30	65.70	68.25	62.15	0.725 times
15 Fri Mar 2024	67.05	75.85	76.95	62.85	1.59 times
07 Thu Mar 2024	75.65	79.05	80.95	75.50	0.424 times
02 Sat Mar 2024	78.75	82.90	83.35	74.65	0.85 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 Mmtc (MMTC)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	64.60	79.15	80.95	62.15	0.229 times
29 Thu Feb 2024	77.30	81.40	101.90	73.55	0.627 times
31 Wed Jan 2024	80.85	60.55	83.50	58.80	1.61 times
29 Fri Dec 2023	59.80	50.50	62.90	50.35	2.221 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 Mmtc (MMTC)

Price action analysis of Mmtc ( (MMTC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mmtc ( (MMTC) ) 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 Mmtc ( (MMTC) ) 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 Mmtc ( (MMTC) ) 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 Mmtc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mmtc in short term and the sell signal is strong.

Mmtc 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mmtc in short term and SELL signal is strong!

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 Mmtc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.63 and Mmtc (MMTC) 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 Mmtc (MMTC) stock. Volume based technical analysis of Mmtc (MMTC) stock is negative.

Mmtc 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.