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M Tek Copper Ltd

MCL.NS Technical Analysis Summary (NSE)

Analyze MCL.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MCL.NS●NSE
₹53.80
₹1.47(2.66%)
Indian Market is Open · 13:05

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MCL.NS Technical Analysis Summary (NSE)

M Tek Copper Ltd (NSE: MCL.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.16)
Trend Strength:Moderate (ADX: 21.26)
Volatility:High (ATR: 2.97)
Support/Resistance:$51.98 – $61.64 (Bollinger Bands)

Technical conditions suggest M Tek Copper Ltd on the NSE is awaiting a decisive move. Technical conditions suggest M Tek Copper Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.53

Bearish
Momentum remains weak below midpoint.

Williams %R: -79.33

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.81

Bearish
Selling pressure outweighs buying.

Takeaway:M Tek Copper Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.77

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.26

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.97

Medium
Medium volatility, healthy price movement.

CCI (14): -80.07

Bearish
Bearish, momentum remains under pressure.

Takeaway:M Tek Copper Ltd shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$61.64
Middle Band (SMA 20)
$56.81
Lower Band
$51.98
Current Position
Within Bands

Takeaway:M Tek Copper Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$62.33
Middle Line (EMA 20)
$56.38
Lower Channel
$50.44
Squeeze Status
Squeeze On

Takeaway:M Tek Copper Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume145.85K
Money Flow Index59.76Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.37Bearish, price momentum favors sellers.

Overall Takeaway:MCL.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of M Tek Copper Ltd (NSE: MCL.NS), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:M Tek Copper Ltd shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NSE: MCL.NS) Technical Analysis FAQ