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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 297995

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 19.65 20.10 20.10 19.45 0.224 times
27 Wed Mar 2024 19.40 19.80 20.60 19.20 0.504 times
26 Tue Mar 2024 20.15 20.40 20.50 19.65 1.069 times
22 Fri Mar 2024 20.15 21.10 21.25 19.80 1.244 times
21 Thu Mar 2024 20.90 21.50 21.50 20.85 0.952 times
20 Wed Mar 2024 21.05 20.90 22.30 20.35 1.338 times
19 Tue Mar 2024 20.75 21.40 21.75 20.60 0.387 times
18 Mon Mar 2024 21.40 20.80 22.15 20.70 1.469 times
15 Fri Mar 2024 20.60 19.75 21.25 18.80 1.336 times
14 Thu Mar 2024 19.35 17.95 19.70 17.90 0.715 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.5 as stoploss in an intra day buy trade for a target of 20.47. However, stock will show a bearish move below 19.5.

Share price targets for Mangalam Global (MGEL)

Target Type Value
Downside Target 15.80
Downside Target 17.90
Downside Target 18.55
Downside Target 19.20
Downside Target 19.60
Upside Target 20.60
Upside Target 21.60
Upside Target 22.20
Upside Target 22.30
Upside Target 22.90
Upside Target 23.20
Upside Target 24.95

Intraday share price targets for Mangalam Global (MGEL)

Target Type Value
Downside Intraday Target 19.03
Downside Intraday Target 18.42
Upside Intraday Target 20.43
Upside Intraday Target 21.22
Upside Intraday Target 19.82

Weekly technical analysis of Mangalam Global (MGEL)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 19.65 20.40 20.60 19.20 0.333 times
22 Fri Mar 2024 20.15 20.80 22.30 19.80 1.092 times
15 Fri Mar 2024 20.60 21.00 21.60 17.90 1.499 times
07 Thu Mar 2024 21.05 22.00 22.20 19.70 0.414 times
02 Sat Mar 2024 22.00 23.00 23.20 19.80 1.085 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 Global (MGEL)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 19.65 22.20 22.90 17.90 0.58 times
29 Thu Feb 2024 22.20 22.40 24.95 19.80 0.671 times
31 Wed Jan 2024 21.95 16.90 23.20 16.10 2.515 times
29 Fri Dec 2023 16.55 17.25 19.60 16.05 1.024 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 Global (MGEL)

Price action analysis of Mangalam Global ( (MGEL) ) 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) based on a short to mid 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 Global ( (MGEL) ) 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 Global stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Mangalam Global 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 SELL signal for Mangalam Global in short term

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 Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.53 and Mangalam Global (MGEL) 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 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 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) based on a short to mid 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 Global ( (MGEL) ) 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 Global stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Mangalam Global 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 SELL signal for Mangalam Global in short term

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 Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.53 and Mangalam Global (MGEL) 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 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 negative.

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

Click here for further forecast and predictions for tomorrow

Daily charts

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