(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 2024-04-16 View latest technical analysis
10 day averaged volume of Mangalam Drugs is 44928
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 99.95 | 102.00 | 102.00 | 98.65 | 0.282 times |
15 Mon Apr 2024 | 98.60 | 102.00 | 102.00 | 97.00 | 0.829 times |
12 Fri Apr 2024 | 102.70 | 103.70 | 104.85 | 101.45 | 0.813 times |
10 Wed Apr 2024 | 101.40 | 103.25 | 103.70 | 101.05 | 0.491 times |
09 Tue Apr 2024 | 102.75 | 104.90 | 105.95 | 101.45 | 0.644 times |
08 Mon Apr 2024 | 104.35 | 105.00 | 107.40 | 103.00 | 1.055 times |
05 Fri Apr 2024 | 104.30 | 102.00 | 105.00 | 101.30 | 1.565 times |
04 Thu Apr 2024 | 101.90 | 103.40 | 103.75 | 100.55 | 0.998 times |
03 Wed Apr 2024 | 100.55 | 99.50 | 101.95 | 99.00 | 0.863 times |
02 Tue Apr 2024 | 98.95 | 98.25 | 100.10 | 97.25 | 1.482 times |
My analysis of stock is bullish for shortterm, and stock might move up till 102.6 or till 106.4. Use a stoploss of 99.47 and if this stock hits its stoploss, then it can fall down till 96.33
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 90.80 |
Downside Target | 92.85 |
Upside Target | 101.05 |
Upside Target | 104.00 |
Upside Target | 105.00 |
Upside Target | 107.40 |
Upside Target | 114.00 |
Upside Target | 124.70 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 97.3 |
Downside Intraday Target | 94.65 |
Upside Intraday Target | 102.3 |
Upside Intraday Target | 104.65 |
Downside Intraday Target | 99.65 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 99.95 | 102.00 | 102.00 | 97.00 | 0.37 times |
12 Fri Apr 2024 | 102.70 | 105.00 | 107.40 | 101.05 | 0.487 times |
05 Fri Apr 2024 | 104.30 | 93.70 | 105.00 | 92.85 | 1.061 times |
28 Thu Mar 2024 | 92.10 | 101.75 | 101.75 | 90.80 | 1.322 times |
22 Fri Mar 2024 | 100.30 | 104.00 | 104.00 | 96.00 | 0.567 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 |
16 Tue Apr 2024 | 99.95 | 93.70 | 107.40 | 92.85 | 0.388 times |
28 Thu Mar 2024 | 92.10 | 121.50 | 124.70 | 90.80 | 0.203 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 |
Scroll below to view daily charts
Price has moved up 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Mangalam Drugs stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mangalam Drugs in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mangalam Drugs Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mangalam Drugs in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 101.73 and Mangalam Drugs (MANGALAM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Mangalam Drugs stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mangalam Drugs in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mangalam Drugs Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mangalam Drugs in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 101.73 and Mangalam Drugs (MANGALAM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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Daily charts
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