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 2024-12-12 View latest technical analysis

10 day averaged volume of Multi Commodity is 411793

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	6674.05	6740.00	6843.95	6656.00	0.668 times
11 Wed Dec 2024	6706.45	6705.55	6751.00	6644.55	0.689 times
10 Tue Dec 2024	6676.10	6869.00	6869.00	6630.00	0.856 times
09 Mon Dec 2024	6849.40	6974.70	7010.00	6810.10	0.965 times
06 Fri Dec 2024	6920.00	6529.90	7048.60	6425.80	3.106 times
05 Thu Dec 2024	6488.25	6331.00	6517.55	6291.40	1.28 times
04 Wed Dec 2024	6315.75	6264.95	6331.75	6180.00	0.573 times
03 Tue Dec 2024	6216.50	6322.00	6361.60	6139.50	0.637 times
02 Mon Dec 2024	6323.00	6225.00	6381.95	6205.00	0.739 times
29 Fri Nov 2024	6185.35	6060.10	6235.00	6054.20	0.589 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6602.6, but if it comes below 6602.6, then a intra day sell could be more profitable.
If you take a sell trade below 6602.6, then use 6602.6 as stoploss and 6299.97 as target. However if you take a buy trade in stock , then use 6602.6 as stoploss and 6965.7 as target.

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	6480.00
Downside Target	6617.85
Downside Target	6630.00
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	6532.7
Downside Intraday Target	6391.35
Upside Intraday Target	6912.7
Upside Intraday Target	7151.35
Upside Intraday Target	6771.35

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	6674.05	6974.70	7010.00	6630.00	0.501 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
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

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
12 Thu Dec 2024	6674.05	6225.00	7048.60	6139.50	0.622 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Multi Commodity in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 6641.86 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 rising upwards.

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 is giving positive 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.