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(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 2024-12-24 View latest technical analysis

10 day averaged volume of Mangalam Global is 409655

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	25.22	25.31	25.99	25.01	0.45 times
23 Mon Dec 2024	24.94	24.50	26.25	24.47	0.847 times
20 Fri Dec 2024	24.40	25.48	26.25	24.30	0.744 times
19 Thu Dec 2024	25.11	23.33	27.01	23.33	2.251 times
18 Wed Dec 2024	24.18	25.33	26.20	23.71	1.238 times
17 Tue Dec 2024	25.33	23.34	26.34	23.10	3.521 times
16 Mon Dec 2024	23.34	23.75	23.91	23.00	0.186 times
13 Fri Dec 2024	23.39	24.00	24.00	23.31	0.246 times
12 Thu Dec 2024	23.89	23.90	24.05	22.42	0.593 times
11 Wed Dec 2024	23.49	23.88	24.00	23.20	0.223 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 25.4, for a target of 24.7 or 24.12

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	18.50
Downside Target	20.25
Downside Target	21.28
Downside Target	21.75
Downside Target	22.42
Downside Target	24.39
Downside Target	25.00
Upside Target	26.10
Upside Target	26.25
Upside Target	27.01
Upside Target	28.89
Upside Target	32.00

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	24.38
Downside Intraday Target	23.53
Upside Intraday Target	26.16
Upside Intraday Target	27.09
Upside Intraday Target	25.31

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	25.22	24.50	26.25	24.47	0.163 times
20 Fri Dec 2024	24.40	23.75	27.01	23.00	6.063 times
13 Fri Dec 2024	23.39	24.39	24.39	22.42	0.911 times
06 Fri Dec 2024	24.11	24.69	25.00	23.39	0.927 times
29 Fri Nov 2024	24.23	22.00	24.70	21.75	0.676 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
24 Tue Dec 2024	25.22	24.69	27.01	22.42	1.538 times
29 Fri Nov 2024	24.23	24.50	26.10	21.28	1.062 times
31 Thu Oct 2024	24.20	27.45	28.89	22.71	0.094 times
16 Tue Jul 2024	29.14	22.70	32.00	20.25	1.951 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mangalam Global stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mangalam Global in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 24.83 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.