MmForgings MMFL full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Mm Forgings MMFL WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Other Industrial Products sector

Daily price and charts and targets MmForgings

Strong Daily Stock price targets for MmForgings MMFL are 1111.48 and 1184.68

Daily Target 1	1055.55
Daily Target 2	1094.2
Daily Target 3	1128.75
Daily Target 4	1167.4
Daily Target 5	1201.95

Daily price and volume Mm Forgings

Date	Closing	Open	Range	Volume
Mon 06 May 2024	1132.85 (0.72%)	1130.40	1090.10 - 1163.30	0.8061 times
Fri 03 May 2024	1124.80 (1.24%)	1114.65	1113.05 - 1174.40	0.9277 times
Thu 02 May 2024	1111.05 (-3.49%)	1155.00	1098.05 - 1178.00	0.9506 times
Tue 30 April 2024	1151.25 (-1.68%)	1180.00	1143.00 - 1196.00	0.6541 times
Mon 29 April 2024	1170.90 (2.48%)	1160.05	1143.00 - 1180.95	0.8033 times
Fri 26 April 2024	1142.60 (7.01%)	1079.90	1060.90 - 1165.00	2.8956 times
Thu 25 April 2024	1067.75 (1.24%)	1060.00	1048.15 - 1076.00	0.4303 times
Wed 24 April 2024	1054.65 (0.06%)	1055.00	1048.00 - 1087.95	0.6433 times
Tue 23 April 2024	1054.00 (1.52%)	1038.20	1038.20 - 1075.50	0.6258 times
Mon 22 April 2024	1038.20 (-1.85%)	1080.00	1030.50 - 1094.45	1.2633 times
Fri 19 April 2024	1057.75 (7.33%)	975.00	964.50 - 1087.00	3.8997 times

Daily chart MmForgings

Weekly price and charts MmForgings

Strong weekly Stock price targets for MmForgings MMFL are 1111.48 and 1184.68

Weekly Target 1	1055.55
Weekly Target 2	1094.2
Weekly Target 3	1128.75
Weekly Target 4	1167.4
Weekly Target 5	1201.95

Weekly price and volumes for Mm Forgings

Date	Closing	Open	Range	Volume
Mon 06 May 2024	1132.85 (0.72%)	1130.40	1090.10 - 1163.30	0.2917 times
Fri 03 May 2024	1124.80 (-1.56%)	1160.05	1098.05 - 1196.00	1.2071 times
Fri 26 April 2024	1142.60 (8.02%)	1080.00	1030.50 - 1165.00	2.1201 times
Fri 19 April 2024	1057.75 (22.78%)	861.50	842.55 - 1087.00	3.5125 times
Fri 12 April 2024	861.50 (-1.79%)	879.35	858.00 - 887.45	0.3432 times
Fri 05 April 2024	877.20 (0.3%)	876.00	869.20 - 905.40	0.6774 times
Thu 28 March 2024	874.60 (-0.93%)	878.00	861.80 - 891.45	0.3024 times
Fri 22 March 2024	882.85 (0.14%)	882.00	864.05 - 897.70	0.3629 times
Fri 15 March 2024	881.65 (-3.85%)	916.00	854.50 - 944.95	0.8889 times
Thu 07 March 2024	917.00 (-1.03%)	928.50	885.20 - 931.80	0.2937 times
Sat 02 March 2024	926.55 (-3.99%)	963.00	910.00 - 999.90	1.0434 times

weekly chart MmForgings

Monthly price and charts MmForgings

Strong monthly Stock price targets for MmForgings MMFL are 1067.53 and 1155.43

Monthly Target 1	1045.75
Monthly Target 2	1089.3
Monthly Target 3	1133.65
Monthly Target 4	1177.2
Monthly Target 5	1221.55

Monthly price and volumes Mm Forgings

Date	Closing	Open	Range	Volume
Mon 06 May 2024	1132.85 (-1.6%)	1155.00	1090.10 - 1178.00	0.3237 times
Tue 30 April 2024	1151.25 (31.63%)	876.00	842.55 - 1196.00	2.393 times
Thu 28 March 2024	874.60 (-7.96%)	952.25	854.50 - 957.45	0.6682 times
Thu 29 February 2024	950.20 (3.32%)	922.40	848.00 - 1019.00	1.528 times
Wed 31 January 2024	919.70 (-4.96%)	974.90	911.95 - 1014.60	0.6547 times
Fri 29 December 2023	967.65 (10.34%)	879.80	851.25 - 1050.10	1.94 times
Thu 30 November 2023	877.00 (0.81%)	869.05	855.00 - 957.30	0.4556 times
Tue 31 October 2023	869.95 (-0.83%)	880.00	825.00 - 924.00	0.3506 times
Fri 29 September 2023	877.20 (-4.93%)	932.90	833.30 - 988.00	0.6323 times
Thu 31 August 2023	922.65 (-13.82%)	1085.00	898.00 - 1099.00	1.0539 times
Mon 31 July 2023	1070.65 (15.58%)	936.40	903.55 - 1098.00	0.9788 times

monthly chart MmForgings

Indicator Analysis of MmForgings

Tomorrow's movement Prediction of Mm Forgings MMFL appears to be in uptrend. But this trend seems to be weakening.

Price is above an important level of 1081.36 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Mm Forgings MMFL made a major fall in previous days. This happens when sentiment changes towards negative. This fall might deepen in coming days.

Tomorrow's movement Prediction of Mm Forgings MMFL appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of Mm Forgings MMFL is strongly bullish. It has broken a strong resistance of 1061 and is expected to move up further.

Munafa value: 66 as on Mon 06 May 2024

This Munafa value indicates that the stock is moving sideways and there is no definite momentum in the stock.

SMA20 is at 1007 and price is deviating by 113 points

Upper Bollinger band is at 1231 and lower is at 782, while middle bands are at 895 and 1119

Price is rising

Price is above 20day SMA

Price is in upper range of bands

Price action analysis of MmForgings (MMFL) 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.

ADX buy sell signal for MmForgings stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for MmForgings in short term and the buy signal is strong.

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

MmForgings 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for MmForgings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of MmForgings is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1112.39 and MmForgings MMFL stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the MmForgings MMFL stock. Volume based technical analysis of MmForgings MMFL stock is negative.

MmForgings Stock is giving positive 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.

DMA SMA EMA moving averages of Mm Forgings MMFL

DMA (daily moving average) of Mm Forgings MMFL

DMA period	DMA value
5 day DMA	1138.17
12 day DMA	1090.95
20 day DMA	1006.22
35 day DMA	952.6
50 day DMA	948.3
100 day DMA	948.68
150 day DMA	927.31
200 day DMA	934.07

EMA (exponential moving average) of Mm Forgings MMFL

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	1124.39	1120.16	1117.84
12 day EMA	1081.36	1072	1062.4
20 day EMA	1039.13	1029.27	1019.22
35 day EMA	999.34	991.48	983.63
50 day EMA	965.76	958.94	952.17

SMA (simple moving average) of Mm Forgings MMFL

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	1138.17	1140.12	1128.71
12 day SMA	1090.95	1072.7	1050.76
20 day SMA	1006.22	994.1	982.55
35 day SMA	952.6	945.74	939.8
50 day SMA	948.3	945.03	941.48
100 day SMA	948.68	946.14	943.72
150 day SMA	927.31	925.63	924.06
200 day SMA	934.07	933.05	931.98

Fundamentals, profit and EPS of Mm Forgings MMFL

EPS is 55.93 and PE is: 20.25

Last quarter profit: (February 2024 quarter) 38.02 crores (11.93%)

Debt: 709.42 in crores

Market capitalization: 2286.74

EPS is 54.21 and PE is: 20.9

Last quarter profit: (September 2023 quarter) 36.62 crores (14.87%)

Debt: 709.42 in crores

Market capitalization: 2117.87