Overall Technical outlook

Price Summary

On 2025-10-17, MCX's stock began at 9350.0, peaked at 9492.5, dipped to 9294.5, and closed up -0.23% at 9328.5, with a volume of 604490 shares.
The peak price for the stock in the past 52 weeks is 9541.0, with the lowest price being 4520.55.
The expected price range is between 5750.0 and 10000.0, with a mean anticipated price of 7896.3335, according to 9 analysts.

Technicals

Support and Resistance: The price is currently at 9328.5, supported by 8153.5 and resisted by 9541.0. This indicates a range where 8153.5 may provide a base for the price, while 9541.0 serves as a cap on further upward movement for MCX.
MCX supportResistance 4fa8b5
Support/Resistance for MCX


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
MCX aroon 4fa8b5
Aroon chart for Multi Commodity Exchange of India Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
MCX bbands 4fa8b5
Bolinger Bands chart for Multi Commodity Exchange of India Limited


Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for MCX. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
MCX psar 4fa8b5
Parabolic Stop and Reverse chart for Multi Commodity Exchange of India Limited


Stochastic: The stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals.
MCX stoch 4fa8b5
Stochastic chart for Multi Commodity Exchange of India Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter.
MCX trippleSMA 4fa8b5
Tripple SMA chart for Multi Commodity Exchange of India Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.