Homepage Active Options Active Stocks

Stock analysis MM Forgings Limited MMFL

More indepth analysis on MunafaSutra.com

Moving Averages for MM Forgings Limited

  • 5Day Average: 378.44
  • 12Day Average: 371.82
  • 20Day Average: 374.93
  • 50Day Average: 362.35
  • 100Day Average: 359.07
  • 150Day Average: 397.6
  • 200Day Average: 430.39

MMFL Indicators & signals

Indicator MACD (12,26,9)

374.79, 371.08, 3.56
Indicator MACD is in positive zone

Indicator ADX (14)

33.33, 23.81, 11.91
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MMFL MM Forgings Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Wed Jul 2025 375.70 373.60 to 380.40 -1.16% 0.44 times
01 Tue Jul 2025 380.10 375.00 to 386.05 -1.03% 0.99 times
30 Mon Jun 2025 384.05 374.80 to 387.80 2.13% 1.02 times
27 Fri Jun 2025 376.05 372.95 to 379.65 -0.07% 0.53 times
26 Thu Jun 2025 376.30 371.50 to 379.55 0.36% 0.4 times
25 Wed Jun 2025 374.95 368.25 to 376.20 1.81% 0.84 times
24 Tue Jun 2025 368.30 365.55 to 371.55 1.57% 0.57 times
23 Mon Jun 2025 362.60 359.25 to 365.95 -1.45% 0.67 times
20 Fri Jun 2025 367.95 361.50 to 371.50 -0.14% 0.8 times
19 Thu Jun 2025 368.45 356.40 to 373.90 2.04% 3.14 times
18 Wed Jun 2025 361.10 358.00 to 368.80 -1.42% 1.04 times
17 Tue Jun 2025 366.30 365.10 to 376.05 -1.6% 0.82 times

Technical analysis forecast of MM Forgings Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MM Forgings Limited MMFL at this time. Stock is rising and might rise more.

It appears as if MM Forgings Limited MMFL gave a large move recently.

Stock of MM Forgings Limited (MMFL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of MM Forgings Limited is bullish for shortterm, and stock might move up till 380.6 or till 390.1. Use a stoploss of 372.68 and if this stock hits its stoploss, then it can fall down till 364.77

More indepth analysis on MunafaSutra.com