Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Mmtec Inc trades in USA in N A sector.

Showing technical analysis as on 2024-08-23 View latest technical analysis

10 day averaged volume of Mmtec Inc is 1894310

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	0.31	0.32	0.36	0.31	0.73 times
22 Thu Aug 2024	0.32	0.29	0.33	0.28	0.708 times
21 Wed Aug 2024	0.29	0.27	0.29	0.27	0.524 times
20 Tue Aug 2024	0.28	0.26	0.41	0.25	7.147 times
19 Mon Aug 2024	0.25	0.26	0.26	0.25	0.187 times
16 Fri Aug 2024	0.26	0.26	0.27	0.26	0.183 times
15 Thu Aug 2024	0.26	0.26	0.27	0.26	0.29 times
14 Wed Aug 2024	0.26	0.28	0.29	0.26	0.204 times
13 Tue Aug 2024	0.27	0.26	0.27	0.26	0.257 times
12 Mon Aug 2024	0.26	0.28	0.28	0.26	0.245 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.3, but if it comes below 0.3, then a intra day sell could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.28 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.3 as target.

Share price targets for Mmtec Inc (MTC)

Target Type	Value
Downside Target	0.24
Downside Target	0.25
Downside Target	0.26
Downside Target	0.29
Downside Target	0.30
Downside Target	0.31
Upside Target	0.32
Upside Target	0.33
Upside Target	0.37
Upside Target	0.38
Upside Target	0.41
Upside Target	0.48
Upside Target	0.52
Upside Target	1.46
Upside Target	3.99
Upside Target	12.90

Intraday share price targets for Mmtec Inc (MTC)

Target Type	Value
Downside Intraday Target	0.24
Downside Intraday Target	0.16
Upside Intraday Target	0.4
Upside Intraday Target	0.48
Upside Intraday Target	0.32

Weekly technical analysis of Mmtec Inc (MTC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	0.31	0.26	0.41	0.25	7.888 times
16 Fri Aug 2024	0.26	0.28	0.29	0.26	0.619 times
09 Fri Aug 2024	0.26	0.25	0.31	0.24	0.671 times
02 Fri Aug 2024	0.28	0.32	0.33	0.26	0.865 times
26 Fri Jul 2024	0.32	0.33	0.38	0.32	1.186 times

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

Monthly technical analysis of Mmtec Inc (MTC)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	0.31	0.32	0.41	0.24	0.782 times
31 Wed Jul 2024	0.32	0.47	0.48	0.30	0.339 times
28 Fri Jun 2024	0.51	0.42	0.52	0.31	0.385 times
31 Fri May 2024	0.40	3.17	12.90	0.37	12.864 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 Mmtec Inc (MTC)

Price action analysis of Mmtec Inc ( (MTC) ) based on a short 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 Mmtec Inc ( (MTC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mmtec Inc ( (MTC) ) 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 Mmtec Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mmtec Inc 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.

Mmtec Inc 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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mmtec Inc 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 Mmtec Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.28 and Mmtec Inc (MTC) 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 Mmtec Inc (MTC) stock. Volume based technical analysis of Mmtec Inc (MTC) stock is negative.

Mmtec Inc Stock is giving positive 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.