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(MANORG_BE) Mangalam Organics complete technical analysis [charts+indicators] | Buy/Sell Mangalam Organics | (MANORG_BE) share price targets

Complete technical analysis of Mangalam Organics (MANORG_BE) by charts plus indicators, forecast predictions and share price targets for Mangalam Organics (MANORG_BE)

Showing technical analysis as on 2024-12-04 View latest technical analysis

10 day averaged volume of Mangalam Organics is 5520

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	440.90	437.05	443.30	437.05	1.165 times
03 Tue Dec 2024	434.65	426.15	434.65	426.15	1.951 times
02 Mon Dec 2024	426.15	419.65	436.75	419.65	4.03 times
29 Fri Nov 2024	428.20	428.20	428.20	428.20	1.9 times
28 Thu Nov 2024	436.90	436.90	436.90	436.90	0.313 times
27 Wed Nov 2024	445.80	445.80	445.80	445.80	0.194 times
26 Tue Nov 2024	454.90	454.90	454.90	454.90	0.949 times
25 Mon Nov 2024	464.15	464.15	464.15	464.15	0.166 times
22 Fri Nov 2024	473.60	473.60	473.60	473.60	0.305 times
21 Thu Nov 2024	483.25	483.25	483.25	483.25	0.047 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 443.7, but if it comes above 443.7, then a intra day buy could be more profitable.
If you take a sell trade below 443.7, then use 443.7 as stoploss and 386.5 as target. However if you take a buy trade in stock , then use 443.7 as stoploss and 491.36 as target.

Share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Target	358.10
Downside Target	419.65
Upside Target	443.30
Upside Target	464.15
Upside Target	489.00
Upside Target	503.25
Upside Target	513.40
Upside Target	520.65
Upside Target	561.00
Upside Target	575.00
Upside Target	590.65
Upside Target	720.00

Intraday share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Intraday Target	425.93
Downside Intraday Target	410.97
Upside Intraday Target	449.58
Upside Intraday Target	458.27
Downside Intraday Target	434.62

Weekly technical analysis of Mangalam Organics (MANORG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	440.90	419.65	443.30	419.65	2.029 times
29 Fri Nov 2024	428.20	464.15	464.15	428.20	5.501 times
22 Fri Nov 2024	473.60	503.15	503.25	473.60	0.328 times
14 Thu Nov 2024	513.40	574.10	575.00	513.40	0.234 times
08 Fri Nov 2024	574.10	509.95	590.65	489.00	2.56 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Organics (MANORG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	440.90	419.65	443.30	419.65	0.483 times
29 Fri Nov 2024	428.20	492.70	590.65	428.20	0.66 times
31 Thu Oct 2024	492.70	531.05	561.00	469.85	0.396 times
30 Mon Sep 2024	520.65	586.00	720.00	520.65	1.913 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 Organics (MANORG_BE)

Price action analysis of Mangalam Organics ( (MANORG_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Organics ( (MANORG_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mangalam Organics ( (MANORG_BE) ) based on a mid to longer 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.

ADX buy sell signal for Mangalam Organics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mangalam Organics in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mangalam Organics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Organics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mangalam Organics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 434.82 and Mangalam Organics (MANORG_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Mangalam Organics (MANORG_BE) stock. Volume based technical analysis of Mangalam Organics (MANORG_BE) stock is negative.

Mangalam Organics Stock has given negative 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.