/ 100
Media Matrix (MMWL) — Technical Setup
₹19.06 -4.17% Uptrend Volatility Expansion Bearish
Summary
Media Matrix is in a uptrend on the daily chart. RSI(14) is 48.6, MACD is below its signal line, ADX reads 32 (trending). Volume in the latest session was 0.1× its 20-day average. Over three months it has outperformed the Nifty 50 by 42.7 percentage points. Nearest support is ₹16.48 and resistance ₹24.00. Its technical score is 36/100 (bearish).
🧮 How the 36/100 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 (-4.27)0/3
- 20-day EMA above 50-day EMA3/3
- 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) (32.17)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (48.60)2/6
- MACD line above its signal line0/4
- MACD line above zero (1.03)3/3
- 12-day rate of change positive (-17.74)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (42.69)2/2
- On-balance volume rising over 20 sessions5/5
- Chaikin Money Flow (20) positive (0.45)5/5
- More volume on up days than down days (20 sessions) (15.68)5/5
- Close above 20-day VWAP (-12.85)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (7.53)0/6
- Price in the upper half of its Bollinger Bands (0.28)2/5
- Shallow drawdown from the 52-week high (-20.58)1/5
- Volatility contracting (20-day volatility below its 6-month median) (92.00)0/4
- Room to the next resistance (≥8% scores full) (25.92)5/5
- Support close below (a tight, definable stop) (13.54)0/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-20.58)0/5
🧭 Regime: Uptrend
Volatility Expansion — Bollinger width is in the 79th percentile of the last six months.
Suits: Trend-following, selectively. The trend is up but not forceful — favour entries near support and keep stops below the 50-day EMA.
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 20/50 EMA Crossover rules for MMWL — 20-day ema crosses above the 50-day ema.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▲ Bullish | 48.60 | -0.48 |
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 | ₹24.00 | +25.9% | 1 |
| Close | ₹19.06 | — | |
| Support | ₹16.48 | −13.5% | 3 |
| Support | ₹13.51 | −29.1% | 11 |
| Support | ₹9.02 | −52.7% | 1 |
52-week range: ₹9.02 – ₹24.00 (-20.58% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹9.02 (2026-05-04) to ₹24.00 (2026-10-14). Price has retraced 33.0% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹20.46 | +7.4% | |
| 38.2% retracement | ₹18.28 | -4.1% | nearest |
| 50.0% retracement | ₹16.51 | -13.4% | S/R confluence |
| 61.8% retracement | ₹14.74 | -22.6% | |
| 78.6% retracement | ₹12.23 | -35.9% | |
| 127.2% extension | ₹28.07 | +47.3% | |
| 161.8% extension | ₹33.26 | +74.5% | |
| 200.0% extension | ₹38.98 | +104.5% |
🕯️ Candlesticks (last 5 sessions)
- Inverted Hammer 2026-11-02 bullish Weak · 40
- Inverted Hammer 2026-10-30 bullish Weak · 40
- Doji 2026-10-28 neutral Weak · 20
- Hammer 2026-10-27 bullish Moderate · 50
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
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| SAREGAMASaregama India Limited | ₹545.90 | -0.50% | 90 | Uptrend | 88.00 |
| GLOBALGlobal Education Limited | ₹145.70 | +1.36% | 84 | Strong Uptrend | 95.00 |
| PVRINOXPVR INOX Limited | ₹1,512.70 | +1.18% | 83 | Strong Uptrend | 91.00 |
| TIPSMUSICTips Music Limited | ₹784.95 | +0.37% | 83 | Uptrend | 88.00 |
| CINELINECineline India Limited | ₹94.40 | +6.74% | 72 | Strong Uptrend | 76.00 |
| JAGRANJagran Prakashan Limited | ₹64.34 | +3.84% | 63 | Range | 60.00 |
| TREEHOUSETree House Education & Accessories Limited | ₹6.32 | +8.22% | 55 | Range | 46.00 |
| UFOUFO Moviez India Limited | ₹61.51 | +1.40% | 53 | Range | 43.00 |
| QUINTQuint Digital | ₹66.27 | +4.94% | 51 | Uptrend | 95.00 |
| DELTACORPDelta Corp Limited | ₹74.11 | -0.09% | 49 | Uptrend | 77.00 |
⚠️ 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.
