Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-07 View latest technical analysis

10 day averaged volume of Mmtc is 2569539

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	70.45	72.40	73.25	70.00	0.599 times
06 Mon May 2024	72.35	74.60	74.75	71.40	0.576 times
03 Fri May 2024	74.00	75.40	75.70	73.55	0.607 times
02 Thu May 2024	74.80	74.50	76.30	73.25	0.729 times
30 Tue Apr 2024	74.10	75.95	76.30	73.90	0.698 times
29 Mon Apr 2024	75.75	76.55	78.00	75.50	0.893 times
26 Fri Apr 2024	76.55	75.00	78.50	74.50	2.591 times
25 Thu Apr 2024	74.70	75.25	76.15	74.45	0.645 times
24 Wed Apr 2024	75.35	75.70	77.10	73.30	1.113 times
23 Tue Apr 2024	74.85	73.00	76.70	72.55	1.649 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 69.6, for a target of 72.1 or 74.13

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	58.80
Downside Target	62.15
Downside Target	66.90
Downside Target	68.45
Downside Target	70.00
Upside Target	71.60
Upside Target	73.25
Upside Target	76.30
Upside Target	78.00
Upside Target	78.90
Upside Target	80.60
Upside Target	80.95
Upside Target	83.50
Upside Target	101.90

Intraday share price targets for Mmtc (MMTC)

Target Type	Value
Downside Intraday Target	68.72
Downside Intraday Target	66.98
Upside Intraday Target	73.47
Upside Intraday Target	76.48
Upside Intraday Target	71.73

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	70.45	74.60	74.75	70.00	0.402 times
03 Fri May 2024	74.00	76.55	78.00	73.25	0.45 times
26 Fri Apr 2024	76.55	72.00	78.50	71.60	2.06 times
19 Fri Apr 2024	70.85	71.00	74.10	68.45	0.829 times
12 Fri Apr 2024	75.55	78.90	78.90	74.40	0.562 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
07 Tue May 2024	70.45	74.50	76.30	70.00	0.115 times
30 Tue Apr 2024	74.10	67.00	80.60	66.90	1.346 times
28 Thu Mar 2024	66.45	79.15	80.95	62.15	0.262 times
29 Thu Feb 2024	77.30	81.40	101.90	73.55	0.627 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 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 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 mid to longer 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.

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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 but buying is losing 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 74.9 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 positive

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