(MANGALAM) Mangalam Drugs complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drugs | (MANGALAM) share price targets
Complete technical analysis of Mangalam Drugs (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drugs (MANGALAM)
Mangalam Drugs trades in NSE in Pharmaceuticals sector.
Showing technical analysis as on 2024-03-05 View latest technical analysis
10 day averaged volume of Mangalam Drugs is 128590
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 118.70 | 119.95 | 123.45 | 118.25 | 0.622 times |
04 Mon Mar 2024 | 121.15 | 122.10 | 123.30 | 119.25 | 0.394 times |
02 Sat Mar 2024 | 122.10 | 122.25 | 124.50 | 120.40 | 0.131 times |
01 Fri Mar 2024 | 122.30 | 121.50 | 124.70 | 120.65 | 0.371 times |
29 Thu Feb 2024 | 122.05 | 121.35 | 124.05 | 117.75 | 0.497 times |
28 Wed Feb 2024 | 120.70 | 121.90 | 128.55 | 120.10 | 0.712 times |
27 Tue Feb 2024 | 121.90 | 126.25 | 126.80 | 121.10 | 0.519 times |
26 Mon Feb 2024 | 125.50 | 124.50 | 131.40 | 121.85 | 1.621 times |
23 Fri Feb 2024 | 123.35 | 126.20 | 127.50 | 123.00 | 1.376 times |
22 Thu Feb 2024 | 125.80 | 126.90 | 129.40 | 121.40 | 1.204 times |
My analysis of stock is bearish for shortterm, and stock might move down till 113.4 or till 106.5. Use a stoploss of 119.12 and if the stock hits stoploss, then it can shoot up till 124.87
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 93.80 |
Downside Target | 97.00 |
Downside Target | 102.05 |
Downside Target | 113.55 |
Downside Target | 117.75 |
Upside Target | 119.70 |
Upside Target | 121.00 |
Upside Target | 123.45 |
Upside Target | 124.70 |
Upside Target | 131.40 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 116.82 |
Downside Intraday Target | 114.93 |
Upside Intraday Target | 122.02 |
Upside Intraday Target | 125.33 |
Upside Intraday Target | 120.13 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 118.70 | 122.10 | 123.45 | 118.25 | 0.264 times |
02 Sat Mar 2024 | 122.10 | 124.50 | 131.40 | 117.75 | 0.19 times |
23 Fri Feb 2024 | 123.35 | 120.00 | 132.45 | 113.55 | 3.446 times |
16 Fri Feb 2024 | 118.05 | 111.00 | 119.70 | 104.00 | 0.385 times |
09 Fri Feb 2024 | 112.60 | 104.25 | 121.00 | 104.25 | 4.403 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mangalam Drugs (MANGALAM)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 118.70 | 121.50 | 124.70 | 118.25 | 0.033 times |
29 Thu Feb 2024 | 122.05 | 109.15 | 132.45 | 104.00 | 2.655 times |
31 Wed Jan 2024 | 108.35 | 99.50 | 114.00 | 97.00 | 2.379 times |
29 Fri Dec 2023 | 98.15 | 97.95 | 102.05 | 94.60 | 0.952 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mangalam Drugs (MANGALAM)
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mangalam Drugs stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mangalam Drugs in short term but the sell signal is initial and weak.
Mangalam Drugs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalam Drugs in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mangalam Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.19 and Mangalam Drugs (MANGALAM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mangalam Drugs stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mangalam Drugs in short term but the sell signal is initial and weak.
Mangalam Drugs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalam Drugs in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mangalam Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.19 and Mangalam Drugs (MANGALAM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Mangalam Drugs charts
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Daily charts
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