(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 2024-03-11 View latest technical analysis
10 day averaged volume of Mangalam Global is 334938
Date | Daily Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 20.00 | 21.00 | 21.60 | 19.80 | 0.836 times |
07 Thu Mar 2024 | 21.05 | 20.00 | 21.80 | 19.90 | 0.963 times |
06 Wed Mar 2024 | 20.00 | 20.85 | 21.10 | 19.70 | 0.909 times |
05 Tue Mar 2024 | 20.85 | 21.00 | 21.40 | 20.60 | 0.356 times |
04 Mon Mar 2024 | 20.95 | 22.00 | 22.20 | 20.80 | 0.7 times |
02 Sat Mar 2024 | 22.00 | 21.80 | 22.25 | 20.55 | 0.504 times |
01 Fri Mar 2024 | 21.20 | 22.20 | 22.90 | 21.05 | 1.537 times |
29 Thu Feb 2024 | 22.20 | 20.50 | 22.20 | 20.05 | 2.476 times |
28 Wed Feb 2024 | 20.20 | 21.40 | 21.75 | 19.80 | 1.213 times |
27 Tue Feb 2024 | 21.25 | 22.25 | 22.60 | 21.00 | 0.666 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.6, but if it comes above 20.6, then a intra day buy could be more profitable.
If you take a sell trade below 20.6, then use 20.6 as stoploss and 19.3 as target. However if you take a buy trade in stock , then use 20.6 as stoploss and 21.67 as target.
Share price targets for Mangalam Global (MGEL)
Target Type | Value |
Downside Target | 15.80 |
Downside Target | 18.55 |
Downside Target | 19.60 |
Upside Target | 21.60 |
Upside Target | 22.05 |
Upside Target | 22.20 |
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 | 19.33 |
Downside Intraday Target | 18.67 |
Upside Intraday Target | 21.13 |
Upside Intraday Target | 22.27 |
Upside Intraday Target | 20.47 |
Weekly technical analysis of Mangalam Global (MGEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 20.00 | 21.00 | 21.60 | 19.80 | 0.285 times |
07 Thu Mar 2024 | 21.05 | 22.00 | 22.20 | 19.70 | 0.414 times |
02 Sat Mar 2024 | 22.00 | 23.00 | 23.20 | 19.80 | 1.085 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 |
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 |
11 Mon Mar 2024 | 20.00 | 22.20 | 22.90 | 19.70 | 0.214 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 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 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 SELL. 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 getting stronger in this stock.
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 SELL signal for Mangalam Global in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 21.12 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 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 SELL. 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 getting stronger in this stock.
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 SELL signal for Mangalam Global in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 21.12 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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