/ 100
Media Matrix (MMWL) — Technical Setup
₹12.89 -1.15% Weak Downtrend Volatility Expansion Strong bearish
Summary
Media Matrix is in a weak downtrend on the daily chart. RSI(14) is 34.9, MACD is below its signal line, ADX reads 17 (weak trend). Volume in the latest session was 0.3× its 20-day average. Over three months it has outperformed the Nifty 50 by 0.3 percentage points. Nearest support is ₹12.53 and resistance ₹14.36. Its technical score is 23/100 (strong bearish).
🧮 How the 23/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-7.67)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (16.66)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (34.94)0/6
- MACD line above its signal line0/4
- MACD line above zero (-0.39)0/3
- 12-day rate of change positive (-8.84)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (0.28)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.19)0/5
- More volume on up days than down days (20 sessions) (0.76)0/5
- Close above 20-day VWAP (-11.77)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (6.86)0/6
- Price in the upper half of its Bollinger Bands (0.07)0/5
- Shallow drawdown from the 52-week high (-22.21)1/5
- Volatility contracting (20-day volatility below its 6-month median) (48.80)4/4
- Room to the next resistance (≥8% scores full) (11.37)5/5
- Support close below (a tight, definable stop) (2.79)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-22.21)0/5
🧭 Regime: Weak Downtrend
Volatility Expansion — Bollinger width is in the 88th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for MMWL — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 34.94 | -0.18 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.
💪 Relative strength
MMWL ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹16.48 | +27.9% | 3 |
| Resistance | ₹14.36 | +11.4% | 6 |
| Close | ₹12.89 | — | |
| Support | ₹12.53 | −2.8% | 4 |
| Support | ₹9.02 | −30.0% | 1 |
52-week range: ₹9.02 – ₹16.57 (-22.21% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹9.02 (2026-05-04) to ₹16.57 (2026-08-10). Price has retraced 48.7% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹14.79 | +14.7% | |
| 38.2% retracement | ₹13.69 | +6.2% | |
| 50.0% retracement | ₹12.80 | -0.7% | nearest |
| 61.8% retracement | ₹11.90 | -7.7% | |
| 78.6% retracement | ₹10.64 | -17.5% | |
| 127.2% extension | ₹18.62 | +44.5% | |
| 161.8% extension | ₹21.24 | +64.8% | |
| 200.0% extension | ₹24.12 | +87.1% |
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-09-17 neutral Weak · 20
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens MMWL passes today
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
