Last close · 16 Oct 2026
Rs 47.33 -7.12%
Technical analysis · updated after the close, 16 Oct 2026
Matco Foods Limited (MFL) technical analysis
MFL closed at Rs 47.33 on 16 Oct 2026 (-7.12%). The daily picture is bullish: the price is above 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 56.7 is firm but not overbought. The weekly trend is bullish, and the monthly chart is bullish. Nearest support is the daily S2 at 44.57, resistance S1 at 47.76.
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
Oscillators
Bullish
4 bullish · 5 neutral · 1 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 51.48 | Neutral |
| Stochastic %K (14, 3, 3) | 14.08 | Bullish |
| Stochastic RSI (14, 3, 3) | 100.00 | Neutral |
| CCI (20) | -30.30 | Neutral |
| ADX (14) | 31.54 | Bullish |
| Williams %R (14) | -79.21 | Neutral |
| MACD (12, 26, 9) | 1.88 | Bearish |
| Momentum (10) | -23.41 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 35.13 | Neutral |
| Bull Bear Power (13) | 0.30 | Bullish |
Moving averages
Strongly bullish
8 bullish · 0 neutral · 2 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 47.95 | Bearish | 47.19 | Bullish |
| MA 20 | 49.61 | Bearish | 46.71 | Bullish |
| MA 30 | 44.05 | Bullish | 44.72 | Bullish |
| MA 50 | 38.80 | Bullish | 41.13 | Bullish |
| MA 100 | 33.04 | Bullish | 33.72 | Bullish |
| MA 200 | — | — | ||
Support & resistance
Monthly pivots- R3 59.60
- R2 53.65
- R1 49.15
- Pivot 43.20
- S1 38.70
- S2 32.75
- S3 28.25
- Close 47.33
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 59.60 | 53.65 | 47.52 |
| R2 | 53.65 | 49.66 | 46.57 |
| R1 | 49.15 | 47.19 | 45.61 |
| Pivot | 43.20 | 43.20 | 43.20 |
| S1 | 38.70 | 39.21 | 43.69 |
| S2 | 32.75 | 36.74 | 42.73 |
| S3 | 28.25 | 32.75 | 41.78 |
Range & volatility
52-week range
37.2585.73
- ATR (14)
- 12.1125.6% of price
- Bollinger Bands (20, 2)
- 30.05 – 69.17
- From the 52-week high
- -44.8%
- Bars analysed
- 105
How these readings work
Computed after each close from MFL's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.