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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 2024-05-31 View latest technical analysis

10 day averaged volume of Mmtc is 2431000

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	70.30	70.35	71.25	69.50	0.548 times
30 Thu May 2024	70.25	71.90	72.40	70.00	0.574 times
29 Wed May 2024	71.90	72.50	72.55	70.65	0.644 times
28 Tue May 2024	71.75	73.60	74.10	70.65	0.792 times
27 Mon May 2024	73.40	74.15	75.60	73.25	0.735 times
24 Fri May 2024	73.90	75.50	75.50	73.65	1.28 times
23 Thu May 2024	75.45	76.20	77.50	75.00	0.88 times
22 Wed May 2024	75.75	76.00	78.35	74.80	1.569 times
21 Tue May 2024	75.45	76.00	77.45	74.50	1.819 times
18 Sat May 2024	75.50	74.80	76.00	74.80	0.281 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 70 as stoploss in an intra day buy trade for a target of 72.27. However, stock will show a bearish move below 70.

Share price targets for Mmtc (MMTC)

Target Type	Value
Downside Target	58.80
Downside Target	62.15
Downside Target	66.90
Downside Target	69.50
Upside Target	73.25
Upside Target	78.00
Upside Target	78.35
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
Downside Intraday Target	65.7
Upside Intraday Target	74.1
Upside Intraday Target	77.9
Upside Intraday Target	71.8

Weekly technical analysis of Mmtc (MMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	70.30	74.15	75.60	69.50	0.593 times
24 Fri May 2024	73.90	76.00	78.35	73.65	1.174 times
18 Sat May 2024	75.50	70.00	76.00	67.00	1.643 times
10 Fri May 2024	69.00	74.60	74.75	67.05	0.93 times
03 Fri May 2024	74.00	76.55	78.00	73.25	0.45 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
31 Fri May 2024	70.30	74.50	78.35	67.00	0.774 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 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 SELL. Signal strength is Strong and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mmtc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mmtc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 73.91 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.