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

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

10 day averaged volume of Mangalam Global is 19235

Date Daily Closing Price Open High Low Volume
14 Fri May 2021 46.55 47.70 49.00 46.10 2.92 times
12 Wed May 2021 46.75 46.45 49.85 46.30 4.261 times
11 Tue May 2021 47.05 46.80 48.60 46.30 4.686 times
10 Mon May 2021 47.00 46.90 47.00 46.85 0.168 times
07 Fri May 2021 47.00 46.00 47.00 46.00 0.124 times
06 Thu May 2021 46.90 47.55 47.55 46.75 0.084 times
05 Wed May 2021 46.70 47.50 48.90 46.60 0.065 times
04 Tue May 2021 46.50 49.85 49.85 46.50 0.109 times
03 Mon May 2021 46.50 48.75 50.50 46.00 0.307 times
30 Fri Apr 2021 46.00 48.70 48.70 46.00 0.096 times

Stock of Mangalam Global (MGEL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 46.9 or till 47.5. Use a stoploss of 46.46 and if this stock hits its stoploss, then it can fall down till 45.98

Share price targets for Mangalam Global (MGEL)

Target Type Value
Downside Target 38.05
Downside Target 43.05
Downside Target 45.95
Upside Target 48.15
Upside Target 49.80
Upside Target 49.85
Upside Target 49.95
Upside Target 50.00
Upside Target 50.50
Upside Target 55.55

Intraday share price targets for Mangalam Global (MGEL)

Target Type Value
Downside Intraday Target 45.15
Downside Intraday Target 43.75
Upside Intraday Target 48.9
Upside Intraday Target 51.25
Upside Intraday Target 47.5

Weekly technical analysis of Mangalam Global (MGEL)

Date Weekly Closing Price Open High Low Volume
14 Fri May 2021 46.55 46.90 49.85 46.10 17.465 times
07 Fri May 2021 47.00 48.75 50.50 46.00 1.047 times
30 Fri Apr 2021 46.00 46.95 48.70 44.10 1.218 times
23 Fri Apr 2021 46.50 45.95 48.15 45.95 0.284 times
16 Fri Apr 2021 46.00 47.00 49.80 43.05 2.242 times

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

Monthly technical analysis of Mangalam Global (MGEL)

Date Monthly Closing Price Open High Low Volume
14 Fri May 2021 46.55 48.75 50.50 46.00 3.086 times
30 Fri Apr 2021 46.00 46.20 49.80 38.55 0.328 times
31 Wed Mar 2021 45.80 46.10 50.00 38.25 0.861 times
25 Thu Feb 2021 46.25 47.20 49.95 38.05 1.074 times

Scroll below to view daily charts

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

Indicators analysis of Mangalam Global (MGEL)

Indicator Name Indicator Value Indicator Signal
ADX 22, 11, 32 Buy
MACD 0, 0Buy
Stochastics 20Sell
CCI -6Sell
RSI 44Sell
OBV -23862Sell
VWAP 47Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Mangalam Global ( (MGEL) ) based on a short 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 Global ( (MGEL) ) based on a short 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) 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 Global stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mangalam Global in short term and the buy signal is strong.

Mangalam Global 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalam Global in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mangalam Global is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.81 and Mangalam Global (MGEL) 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 Global (MGEL) stock. Volume based technical analysis of Mangalam Global (MGEL) stock is negative.

Mangalam Global Stock is giving positive 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 Global charts

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Daily charts

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