(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 2021-04-08 View latest technical analysis
10 day averaged volume of Mangalam Global is 3421
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Thu Apr 2021||47.35||46.70||48.50||45.00||0.85 times|
|07 Wed Apr 2021||45.45||46.40||46.40||45.00||1.213 times|
|06 Tue Apr 2021||45.35||44.55||46.30||38.55||1.361 times|
|05 Mon Apr 2021||46.00||47.00||47.00||45.20||0.714 times|
|01 Thu Apr 2021||46.25||46.20||46.50||46.20||0.95 times|
|31 Wed Mar 2021||45.80||45.90||46.00||45.75||0.802 times|
|30 Tue Mar 2021||46.10||46.00||46.45||44.50||1.994 times|
|26 Fri Mar 2021||45.65||46.80||46.80||44.00||0.699 times|
|25 Thu Mar 2021||45.05||44.95||45.85||44.95||0.146 times|
|24 Wed Mar 2021||45.10||45.10||45.80||44.95||0.872 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 47.5, for a target of 46.6 or 45.83
Share price targets for Mangalam Global (MGEL)
Intraday share price targets for Mangalam Global (MGEL)
|Downside Intraday Target||41.1|
|Downside Intraday Target||34.85|
|Upside Intraday Target||51.05|
|Upside Intraday Target||54.75|
|Downside Intraday Target||44.8|
Weekly technical analysis of Mangalam Global (MGEL)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Thu Apr 2021||47.35||47.00||48.50||38.55||1.105 times|
|01 Thu Apr 2021||46.25||46.00||46.50||44.50||0.818 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|
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|
|08 Thu Apr 2021||47.35||46.20||48.50||38.55||0.072 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|
|29 Fri Jan 2021||46.05||50.00||55.55||43.25||2.386 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 Global (MGEL)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||14, 36, 43||Sell|
Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is
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 moving up
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
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 45.86 and Mangalam Global (MGEL) 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 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.