(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 2021-04-15 View latest technical analysis
10 day averaged volume of Mangalam Global is 5659
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||45.00||46.55||46.55||44.80||1.299 times|
|13 Tue Apr 2021||45.45||49.00||49.80||43.05||2.842 times|
|12 Mon Apr 2021||44.85||47.00||47.00||44.85||2.005 times|
|09 Fri Apr 2021||46.05||46.00||47.95||46.00||0.387 times|
|08 Thu Apr 2021||47.35||46.70||48.50||45.00||0.514 times|
|07 Wed Apr 2021||45.45||46.40||46.40||45.00||0.734 times|
|06 Tue Apr 2021||45.35||44.55||46.30||38.55||0.823 times|
|05 Mon Apr 2021||46.00||47.00||47.00||45.20||0.432 times|
|01 Thu Apr 2021||46.25||46.20||46.50||46.20||0.574 times|
|31 Wed Mar 2021||45.80||45.90||46.00||45.75||0.485 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 44.9 as stoploss in an intra day buy trade for a target of 45.71. However, stock will show a bearish move below 44.9.
Share price targets for Mangalam Global (MGEL)
Intraday share price targets for Mangalam Global (MGEL)
|Downside Intraday Target||42.1|
|Downside Intraday Target||39.2|
|Upside Intraday Target||48.85|
|Upside Intraday Target||52.7|
|Upside Intraday Target||45.95|
Weekly technical analysis of Mangalam Global (MGEL)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||45.00||47.00||49.80||43.05||2.127 times|
|09 Fri Apr 2021||46.05||47.00||48.50||38.55||1.276 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|
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|
|15 Thu Apr 2021||45.00||46.20||49.80||38.55||0.225 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 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||18, 26, 18||Sell|
Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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
ADX buy sell signal for Mangalam Global stock for short term is SELL. Signal strength is Weak and stock is gaining 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. Bulls are getting tired and bears are picking up momentum.
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 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 45.47 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.