(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 213685
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 19.15 | 18.50 | 19.50 | 18.35 | 0.759 times |
16 Tue Apr 2024 | 18.35 | 18.00 | 19.00 | 18.00 | 0.954 times |
15 Mon Apr 2024 | 18.50 | 19.50 | 19.50 | 17.50 | 0.973 times |
12 Fri Apr 2024 | 19.70 | 20.35 | 20.45 | 19.60 | 0.623 times |
10 Wed Apr 2024 | 20.15 | 20.30 | 20.75 | 19.80 | 0.741 times |
09 Tue Apr 2024 | 20.25 | 20.75 | 20.75 | 20.10 | 1.428 times |
08 Mon Apr 2024 | 20.35 | 20.60 | 21.40 | 19.80 | 0.867 times |
05 Fri Apr 2024 | 20.50 | 19.80 | 21.20 | 19.80 | 2.347 times |
04 Thu Apr 2024 | 19.50 | 19.80 | 19.80 | 19.35 | 0.702 times |
03 Wed Apr 2024 | 19.55 | 19.80 | 19.85 | 19.50 | 0.657 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.2, but if it comes above 19.2, then a intra day buy could be more profitable.
If you take a sell trade below 19.2, then use 19.2 as stoploss and 18.3 as target. However if you take a buy trade in stock , then use 19.2 as stoploss and 19.94 as target.
Share price targets for Mangalam Global (MGEL)
Target Type | Value |
Downside Target | 16.05 |
Downside Target | 17.50 |
Downside Target | 17.90 |
Upside Target | 19.20 |
Upside Target | 20.60 |
Upside Target | 21.20 |
Upside Target | 21.40 |
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 | 17.93 |
Downside Intraday Target | 16.72 |
Upside Intraday Target | 19.93 |
Upside Intraday Target | 20.72 |
Downside Intraday Target | 18.72 |
Weekly technical analysis of Mangalam Global (MGEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 19.15 | 19.50 | 19.50 | 17.50 | 0.734 times |
12 Fri Apr 2024 | 19.70 | 20.60 | 21.40 | 19.60 | 0.704 times |
05 Fri Apr 2024 | 20.50 | 19.95 | 21.20 | 19.35 | 2.076 times |
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 |
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 |
18 Thu Apr 2024 | 19.15 | 19.95 | 21.40 | 17.50 | 0.468 times |
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 |
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 Strong 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 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 Global in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 19.74 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 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.
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 Strong 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 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 Global in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 19.74 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 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.
Click here for Mangalam Global charts
Click here for further forecast and predictions for tomorrow
Daily charts
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