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

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

10 day averaged volume of Mm Forgings is 44222

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 469.30 452.15 479.45 450.00 1.375 times
18 Mon Nov 2024 450.15 440.00 454.95 430.00 1.024 times
14 Thu Nov 2024 439.90 436.95 452.95 436.55 1.13 times
13 Wed Nov 2024 434.45 456.80 459.00 429.40 1.311 times
12 Tue Nov 2024 455.10 464.00 468.00 453.85 0.76 times

My analysis of stock is bearish for shortterm, and stock might move down till 458.7 or till 434. Use a stoploss of 479.29 and if the stock hits stoploss, then it can shoot up till 499.88

Share price targets for Mm Forgings (MMFL)

Target Type Value
Downside Target 429.40
Upside Target 473.15
Upside Target 502.45
Upside Target 509.50
Upside Target 522.70
Upside Target 532.00
Upside Target 594.20
Upside Target 604.70
Upside Target 610.00
Upside Target 618.80
Upside Target 1403.95

Intraday share price targets for Mm Forgings (MMFL)

Target Type Value
Downside Intraday Target 439.72
Downside Intraday Target 410.13
Upside Intraday Target 489.17
Upside Intraday Target 509.03
Downside Intraday Target 459.58

Weekly technical analysis of Mm Forgings (MMFL)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 469.30 440.00 479.45 430.00 0.636 times
14 Thu Nov 2024 439.90 482.00 482.00 429.40 0.791 times
08 Fri Nov 2024 475.40 502.05 502.45 473.15 2.944 times
01 Fri Nov 2024 496.45 491.70 503.35 485.00 0.539 times
30 Wed Oct 2024 487.30 487.15 509.50 480.00 0.592 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 Mm Forgings (MMFL)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 469.30 489.00 502.45 429.40 0.509 times
31 Thu Oct 2024 487.45 603.85 604.70 480.00 0.769 times
30 Mon Sep 2024 599.95 603.00 610.00 522.70 0.641 times
30 Fri Aug 2024 596.55 597.00 618.80 532.00 0.672 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 Mm Forgings (MMFL)

Indicator Name Indicator Value Indicator Signal
ADX 15, 28, 30 Sell
MACD -54, -55Buy
Stochastics 34None
CCI 3Buy
RSI 52Buy
OBV -204671Sell
VWAP 463Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mm Forgings ( (MMFL) ) 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 Mm Forgings ( (MMFL) ) 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 Mm Forgings ( (MMFL) ) 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 Mm Forgings stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mm Forgings in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mm Forgings 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Mm Forgings in short term and BUY 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 Mm Forgings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.68 and Mm Forgings (MMFL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Mm Forgings (MMFL) stock. Volume based technical analysis of Mm Forgings (MMFL) stock is negative.

Mm Forgings 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.

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