(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 2024-03-01 View latest technical analysis
10 day averaged volume of Mangalam Global is 428839
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 21.20 | 22.20 | 22.90 | 21.05 | 1.2 times |
29 Thu Feb 2024 | 22.20 | 20.50 | 22.20 | 20.05 | 1.934 times |
28 Wed Feb 2024 | 20.20 | 21.40 | 21.75 | 19.80 | 0.948 times |
27 Tue Feb 2024 | 21.25 | 22.25 | 22.60 | 21.00 | 0.52 times |
26 Mon Feb 2024 | 22.15 | 23.00 | 23.20 | 22.00 | 0.528 times |
23 Fri Feb 2024 | 22.30 | 23.10 | 23.65 | 22.20 | 0.569 times |
22 Thu Feb 2024 | 23.05 | 23.25 | 23.90 | 22.75 | 0.535 times |
21 Wed Feb 2024 | 23.15 | 24.20 | 24.85 | 23.00 | 1.326 times |
20 Tue Feb 2024 | 23.85 | 22.95 | 24.05 | 22.45 | 2.266 times |
19 Mon Feb 2024 | 22.55 | 22.45 | 22.70 | 22.05 | 0.394 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 21 as stoploss in an intra day buy trade for a target of 21.95. However, stock will show a bearish move below 21.
Share price targets for Mangalam Global (MGEL)
Target Type | Value |
Downside Target | 15.80 |
Downside Target | 18.55 |
Downside Target | 19.60 |
Downside Target | 21.05 |
Upside Target | 22.05 |
Upside Target | 22.90 |
Upside Target | 22.95 |
Upside Target | 23.20 |
Upside Target | 24.85 |
Upside Target | 24.95 |
Intraday share price targets for Mangalam Global (MGEL)
Target Type | Value |
Downside Intraday Target | 19.6 |
Downside Intraday Target | 18 |
Upside Intraday Target | 23 |
Upside Intraday Target | 24.8 |
Upside Intraday Target | 21.4 |
Weekly technical analysis of Mangalam Global (MGEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 21.20 | 23.00 | 23.20 | 19.80 | 1.008 times |
23 Fri Feb 2024 | 22.30 | 22.45 | 24.85 | 22.05 | 1.646 times |
16 Fri Feb 2024 | 22.10 | 22.45 | 22.95 | 20.00 | 0.413 times |
09 Fri Feb 2024 | 21.95 | 22.50 | 24.95 | 20.20 | 1.534 times |
02 Fri Feb 2024 | 21.65 | 20.75 | 22.90 | 20.60 | 1.584 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 |
01 Fri Mar 2024 | 21.20 | 22.20 | 22.90 | 21.05 | 0.057 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 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 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 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 mid to longer 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.
ADX buy sell signal for Mangalam Global stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mangalam Global in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 22.4 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 positive
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 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 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 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 mid to longer 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.
ADX buy sell signal for Mangalam Global stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mangalam Global in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 22.4 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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Daily charts
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