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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 2024-09-27 View latest technical analysis

10 day averaged volume of Mmtc is 2213669

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	89.73	90.50	92.67	89.24	1.291 times
26 Thu Sep 2024	89.91	90.99	91.32	89.51	0.567 times
25 Wed Sep 2024	91.18	91.88	92.25	90.61	0.677 times
24 Tue Sep 2024	91.88	94.29	94.57	91.50	0.806 times
23 Mon Sep 2024	94.34	91.90	96.00	90.28	1.899 times
20 Fri Sep 2024	91.33	90.35	92.24	89.75	1.047 times
19 Thu Sep 2024	90.01	92.20	93.30	88.50	1.189 times
18 Wed Sep 2024	92.18	94.10	94.60	91.82	0.786 times
17 Tue Sep 2024	94.07	95.69	96.16	93.90	0.791 times
16 Mon Sep 2024	95.25	95.75	97.30	94.21	1.046 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 91.2, but if it comes above 91.2, then a intra day buy could be more profitable.
If you take a sell trade below 91.2, then use 91.2 as stoploss and 87.7 as target. However if you take a buy trade in stock , then use 91.2 as stoploss and 94.18 as target.

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	63.00
Downside Target	67.00
Downside Target	76.96
Downside Target	87.50
Upside Target	92.40
Upside Target	95.10
Upside Target	97.30
Upside Target	100.31
Upside Target	101.65
Upside Target	105.24
Upside Target	112.48
Upside Target	131.80

Intraday share price targets for Mmtc (MMTC)

Target Type	Value
Downside Intraday Target	87.31
Downside Intraday Target	84.9
Upside Intraday Target	94.07
Upside Intraday Target	98.42
Upside Intraday Target	91.66

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	89.73	91.90	96.00	89.24	1.078 times
20 Fri Sep 2024	91.33	95.75	97.30	88.50	0.715 times
13 Fri Sep 2024	95.12	95.60	97.15	92.40	0.956 times
06 Fri Sep 2024	95.42	101.40	101.65	95.10	0.493 times
30 Fri Aug 2024	100.94	103.00	105.24	100.31	0.663 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
27 Fri Sep 2024	89.73	101.40	101.65	88.50	0.23 times
30 Fri Aug 2024	100.94	111.66	112.48	95.60	0.304 times
31 Wed Jul 2024	111.16	79.20	131.80	76.96	4.994 times
28 Fri Jun 2024	78.96	75.10	87.50	63.00	3.515 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 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 Mmtc ( (MMTC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mmtc stock for short term is SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mmtc 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 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 92.18 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.