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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 2024-01-18 View latest technical analysis

10 day averaged volume of Mmtc is 12956212

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	67.70	67.90	69.35	65.00	0.462 times
17 Wed Jan 2024	67.90	67.20	71.00	66.20	0.721 times
16 Tue Jan 2024	68.10	69.30	70.75	66.50	0.788 times
15 Mon Jan 2024	69.25	67.45	71.10	65.90	1.241 times
12 Fri Jan 2024	67.15	67.95	68.95	66.80	0.465 times
11 Thu Jan 2024	67.55	66.75	69.10	65.65	0.756 times
10 Wed Jan 2024	66.70	66.40	68.40	66.00	0.47 times
09 Tue Jan 2024	66.20	67.80	68.45	65.35	0.592 times
08 Mon Jan 2024	67.05	63.70	69.95	61.70	1.792 times
05 Fri Jan 2024	63.70	65.60	66.70	62.70	0.927 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 67.5, but if it comes below 67.5, then a intra day sell could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 63.58 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 72.1 as target.

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	41.90
Downside Target	49.70
Downside Target	53.95
Downside Target	56.45
Downside Target	58.65
Downside Target	61.70
Downside Target	65.00
Downside Target	66.70
Upside Target	69.95
Upside Target	70.35
Upside Target	71.10
Upside Target	89.20

Intraday share price targets for Mmtc (MMTC)

Target Type	Value
Downside Intraday Target	64.77
Downside Intraday Target	61.83
Upside Intraday Target	70.87
Upside Intraday Target	74.03
Upside Intraday Target	67.93

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	67.70	67.45	71.10	65.00	0.788 times
12 Fri Jan 2024	67.15	63.70	69.95	61.70	1.058 times
05 Fri Jan 2024	63.70	60.55	66.70	58.80	2.737 times
29 Fri Dec 2023	59.80	58.95	61.90	58.65	0.779 times
22 Fri Dec 2023	58.70	60.30	61.85	53.95	0.453 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 Mmtc (MMTC)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	67.70	60.55	71.10	58.80	0.915 times
29 Fri Dec 2023	59.80	50.50	62.90	50.35	2.221 times
30 Thu Nov 2023	50.30	55.90	56.45	49.90	0.111 times
31 Tue Oct 2023	55.15	58.75	89.20	49.70	1.571 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 Mmtc (MMTC)

Price action analysis of Mmtc ( (MMTC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mmtc ( (MMTC) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

Mmtc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Mmtc in short term but SELL signal is weak.

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 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 67.19 and Mmtc (MMTC) 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 Mmtc (MMTC) stock. Volume based technical analysis of Mmtc (MMTC) stock is negative.

Mmtc 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.