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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 2024-10-24 View latest technical analysis

10 day averaged volume of Mmtec Inc is 2280930

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	0.37	0.36	0.38	0.36	0.496 times
23 Wed Oct 2024	0.36	0.38	0.39	0.36	0.475 times
22 Tue Oct 2024	0.39	0.39	0.41	0.38	0.468 times
21 Mon Oct 2024	0.39	0.39	0.40	0.37	0.513 times
18 Fri Oct 2024	0.40	0.41	0.43	0.39	1.861 times
17 Thu Oct 2024	0.36	0.39	0.39	0.35	1.132 times
16 Wed Oct 2024	0.39	0.39	0.41	0.39	0.707 times
15 Tue Oct 2024	0.38	0.41	0.44	0.38	1.131 times
14 Mon Oct 2024	0.45	0.43	0.46	0.40	0.959 times
11 Fri Oct 2024	0.43	0.40	0.44	0.39	1.225 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.4, but if it comes above 0.4, then a intra day buy could be more profitable.
If you take a sell trade below 0.4, then use 0.4 as stoploss and 0.2 as target. However if you take a buy trade in stock , then use 0.4 as stoploss and 0.46 as target.

Share price targets for Mmtec Inc (MTC)

Target Type	Value
Downside Target	0.24
Downside Target	0.30
Downside Target	0.31
Downside Target	0.35
Downside Target	0.36
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	0.35
Downside Intraday Target	0.33
Upside Intraday Target	0.4
Upside Intraday Target	0.43
Upside Intraday Target	0.38

Weekly technical analysis of Mmtec Inc (MTC)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	0.37	0.39	0.41	0.36	0.337 times
18 Fri Oct 2024	0.40	0.43	0.46	0.35	0.348 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

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
24 Thu Oct 2024	0.37	0.48	0.80	0.35	3.146 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 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 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 and the sell signal is strong.

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 moving up

CCI has generated a SELL signal for Mmtec Inc in short term

RSI is generating a BUY signal in short term but buying is losing 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 0.4 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.