(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)
Showing technical analysis as on 2021-03-31 View latest technical analysis
10 day averaged volume of Mangalam Global is 3989
|Date||Daily Closing Price||Open||High||Low||Volume|
|31 Wed Mar 2021||45.80||45.90||46.00||45.75||0.688 times|
|30 Tue Mar 2021||46.10||46.00||46.45||44.50||1.71 times|
|26 Fri Mar 2021||45.65||46.80||46.80||44.00||0.599 times|
|25 Thu Mar 2021||45.05||44.95||45.85||44.95||0.125 times|
|24 Wed Mar 2021||45.10||45.10||45.80||44.95||0.748 times|
|23 Tue Mar 2021||46.90||45.95||47.00||45.25||1.071 times|
|22 Mon Mar 2021||46.10||48.70||48.70||38.25||1.384 times|
|19 Fri Mar 2021||46.75||46.05||47.15||45.90||0.794 times|
|18 Thu Mar 2021||46.30||45.65||48.70||44.55||2.022 times|
|17 Wed Mar 2021||44.25||44.10||45.95||44.05||0.715 times|
My analysis of stock is bearish for shortterm, and stock might move down till 45.1 or till 44.1. Use a stoploss of 45.94 and if the stock hits stoploss, then it can shoot up till 46.8
Share price targets for Mangalam Global (MGEL)
Intraday share price targets for Mangalam Global (MGEL)
|Downside Intraday Target||44.72|
|Downside Intraday Target||43.63|
|Upside Intraday Target||46.67|
|Upside Intraday Target||47.53|
|Downside Intraday Target||45.58|
Weekly technical analysis of Mangalam Global (MGEL)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|31 Wed Mar 2021||45.80||46.00||46.45||44.50||0.61 times|
|26 Fri Mar 2021||45.65||48.70||48.70||38.25||0.706 times|
|19 Fri Mar 2021||46.75||45.40||48.70||44.00||1.166 times|
|12 Fri Mar 2021||45.70||46.95||46.95||44.30||0.109 times|
|05 Fri Mar 2021||45.95||46.10||50.00||43.80||2.044 times|
Price has moved up 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|
|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|
|29 Fri Jan 2021||46.05||50.00||55.55||43.25||2.386 times|
|31 Thu Dec 2020||46.35||49.95||56.95||35.20||0 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||9, 25, 45||Sell|
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mangalam Global ( (MGEL) ) based on a short to mid term time period is
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 BUY signal for Mangalam Global 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 Global Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Mangalam Global in short term and BUY signal is strong.
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 46.01 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.