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(Mrcexim) Mrcexim complete technical analysis [charts+indicators] | Buy/Sell Mrcexim | (Mrcexim) share price targets

Complete technical analysis of Mrcexim (Mrcexim) by charts plus indicators, forecast predictions and share price targets for Mrcexim (Mrcexim)

10 day averaged volume of Mrcexim is 35115

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 12.95 13.22 13.48 12.62 1.245 times
16 Thu May 2024 12.98 13.24 13.49 12.59 1.389 times
15 Wed May 2024 13.22 13.31 13.39 12.90 0.884 times
14 Tue May 2024 13.31 13.38 13.40 12.45 0.61 times
13 Mon May 2024 13.21 13.22 13.25 12.25 1.942 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.2, but if it comes above 13.2, then a intra day buy could be more profitable.
If you take a sell trade below 13.2, then use 13.2 as stoploss and 12.8 as target. However if you take a buy trade in stock , then use 13.2 as stoploss and 13.54 as target.

Share price targets for Mrcexim (Mrcexim)

Target Type Value
Downside Target 10.72
Downside Target 11.32
Downside Target 11.80
Downside Target 12.14
Downside Target 12.55
Upside Target 13.00
Upside Target 13.49
Upside Target 13.90
Upside Target 14.00
Upside Target 14.11
Upside Target 14.75
Upside Target 15.06

Intraday share price targets for Mrcexim (Mrcexim)

Target Type Value
Downside Intraday Target 12.3
Downside Intraday Target 11.66
Upside Intraday Target 13.54
Upside Intraday Target 14.14
Downside Intraday Target 12.9

Weekly technical analysis of Mrcexim (Mrcexim)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 12.95 13.22 13.49 12.25 1.545 times
10 Fri May 2024 13.08 13.41 14.00 13.00 1.004 times
03 Fri May 2024 13.68 13.93 14.11 13.15 0.595 times
26 Fri Apr 2024 13.92 13.58 14.75 13.20 1.184 times
19 Fri Apr 2024 13.53 13.58 13.90 12.55 0.469 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mrcexim (Mrcexim)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 12.95 13.51 14.00 12.25 0.352 times
30 Tue Apr 2024 13.78 11.32 14.75 11.32 0.891 times
28 Thu Mar 2024 11.10 12.40 13.49 10.72 1.601 times
29 Thu Feb 2024 12.32 14.00 14.00 12.14 0.685 times

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 Mrcexim (Mrcexim)

Indicator Name Indicator Value Indicator Signal
ADX 10, 19, 33 Sell
MACD 0, 0Sell
Stochastics 46None
CCI -65Sell
RSI 52Buy
OBV -41267Sell
VWAP 13Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Mrcexim ( (Mrcexim) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mrcexim ( (Mrcexim) ) 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 Mrcexim ( (Mrcexim) ) based on a short to mid 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 Mrcexim ( (Mrcexim) ) 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 Mrcexim stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mrcexim in short term but the sell signal is initial and weak.

Mrcexim 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Mrcexim is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.21 and Mrcexim (Mrcexim) 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 Mrcexim (Mrcexim) stock. Volume based technical analysis of Mrcexim (Mrcexim) stock is negative.

Mrcexim 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.

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