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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 2024-12-16 View latest technical analysis

10 day averaged volume of Multi Commodity is 419908

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	6706.75	6588.00	6742.00	6523.55	0.609 times
13 Fri Dec 2024	6569.35	6650.00	6656.00	6439.00	0.67 times
12 Thu Dec 2024	6674.05	6740.00	6843.95	6656.00	0.655 times
11 Wed Dec 2024	6706.45	6705.55	6751.00	6644.55	0.676 times
10 Tue Dec 2024	6676.10	6869.00	6869.00	6630.00	0.839 times
09 Mon Dec 2024	6849.40	6974.70	7010.00	6810.10	0.946 times
06 Fri Dec 2024	6920.00	6529.90	7048.60	6425.80	3.046 times
05 Thu Dec 2024	6488.25	6331.00	6517.55	6291.40	1.256 times
04 Wed Dec 2024	6315.75	6264.95	6331.75	6180.00	0.562 times
03 Tue Dec 2024	6216.50	6322.00	6361.60	6139.50	0.625 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6662.9, but if it comes below 6662.9, then a intra day sell could be more profitable.
If you take a sell trade below 6662.9, then use 6662.9 as stoploss and 6368.79 as target. However if you take a buy trade in stock , then use 6662.9 as stoploss and 7015.7 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	6006.30
Downside Target	6439.00
Downside Target	6617.85
Upside Target	6742.00
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	6572.87
Downside Intraday Target	6438.98
Upside Intraday Target	6791.32
Upside Intraday Target	6875.88
Downside Intraday Target	6657.43

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	6706.75	6588.00	6742.00	6523.55	0.161 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
22 Fri Nov 2024	6196.00	5940.00	6249.95	5820.80	1.093 times

Price has moved up 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
16 Mon Dec 2024	6706.75	6225.00	7048.60	6139.50	0.707 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 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 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 Weak 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 moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 6691.02 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 positive

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