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(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 2024-10-17 View latest technical analysis

10 day averaged volume of Mmtec Inc is 7958500

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	0.36	0.39	0.39	0.35	0.324 times
16 Wed Oct 2024	0.39	0.39	0.41	0.39	0.203 times
15 Tue Oct 2024	0.38	0.41	0.44	0.38	0.324 times
14 Mon Oct 2024	0.45	0.43	0.46	0.40	0.275 times
11 Fri Oct 2024	0.43	0.40	0.44	0.39	0.351 times
10 Thu Oct 2024	0.40	0.46	0.46	0.40	0.439 times
09 Wed Oct 2024	0.47	0.40	0.48	0.35	1.067 times
08 Tue Oct 2024	0.43	0.48	0.48	0.41	1.145 times
07 Mon Oct 2024	0.58	0.63	0.64	0.52	1.764 times
04 Fri Oct 2024	0.58	0.75	0.76	0.55	1.865 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 0.3 as stoploss in an intra day buy trade for a target of 0.44. However, stock will show a bearish move below 0.3.

Share price targets for Mmtec Inc (MTC)

Target Type	Value
Downside Target	0.24
Downside Target	0.25
Downside Target	0.29
Downside Target	0.30
Downside Target	0.31
Downside Target	0.35
Upside Target	0.40
Upside Target	0.41
Upside Target	0.46
Upside Target	0.48
Upside Target	0.52
Upside Target	0.53
Upside Target	0.64
Upside Target	0.80

Intraday share price targets for Mmtec Inc (MTC)

Target Type	Value
Downside Intraday Target	0.32
Downside Intraday Target	0.28
Upside Intraday Target	0.43
Upside Intraday Target	0.5
Upside Intraday Target	0.39

Weekly technical analysis of Mmtec Inc (MTC)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	0.36	0.43	0.46	0.35	0.236 times
11 Fri Oct 2024	0.43	0.63	0.64	0.35	0.207 times
04 Fri Oct 2024	0.58	0.42	0.80	0.41	7.431 times
27 Fri Sep 2024	0.38	0.25	0.40	0.24	12.912 times
20 Fri Sep 2024	0.25	0.28	0.29	0.25	0.456 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 Mmtec Inc (MTC)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	0.36	0.48	0.80	0.35	3.013 times
30 Mon Sep 2024	0.52	0.28	0.53	0.24	2.202 times
30 Fri Aug 2024	0.27	0.32	0.41	0.24	0.909 times
31 Wed Jul 2024	0.32	0.47	0.48	0.30	0.339 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 Mmtec Inc ( (MTC) ) 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 Mmtec Inc ( (MTC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Mmtec Inc in short term but the sell signal is initial and weak.

Mmtec Inc 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mmtec Inc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 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 0.5 and Mmtec Inc (MTC) stock is trading below this level. This means that stock is falling with high volumes. 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 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.