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

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

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of M B is 154

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	48.39	48.39	48.39	48.39	0.019 times
01 Mon Apr 2024	49.37	50.37	50.37	49.37	0.065 times
28 Thu Mar 2024	50.37	50.37	50.37	50.37	0.026 times
27 Wed Mar 2024	51.39	51.39	51.39	51.39	0.123 times
26 Tue Mar 2024	52.43	52.43	52.43	52.43	0.156 times
22 Fri Mar 2024	53.50	53.50	53.50	53.50	0.097 times
20 Wed Mar 2024	53.50	55.50	55.50	53.50	0.682 times
18 Mon Mar 2024	54.45	54.45	54.45	54.45	0.065 times
15 Fri Mar 2024	53.50	52.74	53.50	52.74	1.935 times
14 Thu Mar 2024	52.74	52.72	52.74	52.72	2.273 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 47.2 as stoploss in an intra day buy trade for a target of 50.1. However, stock will show a bearish move below 47.2.

Share price targets for M B (MB)

Target Type	Value
Downside Target	27.25
Downside Target	33.06
Downside Target	39.00
Downside Target	42.13
Downside Target	45.29
Downside Target	46.92
Downside Target	48.39
Upside Target	49.77
Upside Target	52.43
Upside Target	53.50
Upside Target	53.99
Upside Target	55.50

Intraday share price targets for M B (MB)

Target Type	Value
Downside Intraday Target	47.73
Downside Intraday Target	47.07
Upside Intraday Target	49.71
Upside Intraday Target	51.03
Upside Intraday Target	49.05

Weekly technical analysis of M B (MB)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	48.39	50.37	50.37	48.39	0.277 times
28 Thu Mar 2024	50.37	52.43	52.43	50.37	0.362 times
22 Fri Mar 2024	53.50	54.45	55.50	53.50	0.061 times
15 Fri Mar 2024	53.50	50.75	53.50	50.70	2.196 times
07 Thu Mar 2024	49.77	46.92	49.77	46.92	1.477 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 M B (MB)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	48.39	50.37	50.37	48.39	0.004 times
28 Thu Mar 2024	50.37	45.29	55.50	45.29	0.446 times
28 Wed Feb 2024	44.50	49.90	50.00	33.06	0.338 times
31 Wed Jan 2024	49.00	40.95	53.99	39.00	1.025 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 M B (MB)

Price action analysis of M B ( (MB) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of M B ( (MB) ) 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 M B ( (MB) ) based on a short to mid 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.

Price action analysis of M B ( (MB) ) 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 M B stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

M B 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of M B is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.03 and M B (MB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the M B (MB) stock. Volume based technical analysis of M B (MB) stock is negative.

M B 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.