Homepage Active Options Active Stocks

Stock analysis Multi Commodity Exchange of India Limited MCX

More indepth analysis on MunafaSutra.com

Moving Averages for Multi Commodity Exchange of India Limited

  • 5Day Average: 3794.57
  • 12Day Average: 3709.16
  • 20Day Average: 3557.03
  • 50Day Average: 3578.26
  • 100Day Average: 3391.5
  • 150Day Average: 3006.52
  • 200Day Average: 2660.62

MCX Indicators & signals

Indicator MACD (12,26,9)

3707.19, 3610.72, 62.66
Indicator MACD is in positive zone

Indicator ADX (14)

39.22, 34.6, 15.11
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MCX Multi Commodity Exchange of India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 3792.15 3780.60 to 3892.35 -2.53% 0.62 times
18 Thu Apr 2024 3890.40 3765.30 to 3939.00 3.88% 1.18 times
16 Tue Apr 2024 3745.00 3662.35 to 3802.05 0.48% 0.67 times
15 Mon Apr 2024 3727.05 3660.20 to 3809.65 -2.39% 1.18 times
12 Fri Apr 2024 3818.25 3807.00 to 4072.60 -2.2% 2.08 times
10 Wed Apr 2024 3903.95 3747.20 to 3986.15 4.6% 2.56 times
09 Tue Apr 2024 3732.10 3575.05 to 3742.50 3.76% 0.86 times
08 Mon Apr 2024 3597.00 3572.05 to 3635.00 0.93% 0.36 times
05 Fri Apr 2024 3563.70 3535.00 to 3600.00 -0.75% 0.2 times
04 Thu Apr 2024 3590.50 3528.15 to 3645.00 0.46% 0.59 times
03 Wed Apr 2024 3573.90 3501.20 to 3586.90 -0.06% 0.33 times
02 Tue Apr 2024 3575.90 3540.05 to 3598.00 0.38% 0.29 times

Technical analysis forecast of Multi Commodity Exchange of India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Multi Commodity Exchange of India Limited MCX at this time. Stock is rising and might rise more.

It appears as if Multi Commodity Exchange of India Limited MCX gave a large move recently.

Stock of Multi Commodity Exchange of India Limited (MCX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Multi Commodity Exchange of India Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3860.5 as stoploss in an intra day sell trade for a target of 3640.62. However, stock will show a bullish move above 3860.5.

More indepth analysis on MunafaSutra.com