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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 2025-01-02 View latest technical analysis

10 day averaged volume of Mangalam Global is 607946

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	29.42	28.60	30.20	27.50	2.083 times
01 Wed Jan 2025	27.96	28.35	29.60	27.70	1.517 times
31 Tue Dec 2024	28.51	27.32	28.95	27.20	1.866 times
30 Mon Dec 2024	27.74	26.03	28.41	25.88	2.279 times
27 Fri Dec 2024	26.03	25.90	26.50	25.05	0.275 times
26 Thu Dec 2024	25.87	24.89	26.04	24.89	0.336 times
24 Tue Dec 2024	25.22	25.31	25.99	25.01	0.303 times
23 Mon Dec 2024	24.94	24.50	26.25	24.47	0.571 times
20 Fri Dec 2024	24.40	25.48	26.25	24.30	0.501 times
19 Thu Dec 2024	25.11	23.33	27.01	23.33	1.517 times

Stock of Mangalam Global (MGEL) has showed a significant upmove. This could be a good time to enter in this stock!

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 29.2, for a target of 27 or 25.21

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	20.25
Downside Target	21.28
Downside Target	22.42
Downside Target	24.39
Downside Target	25.00
Downside Target	25.88
Downside Target	27.01
Downside Target	27.50
Downside Target	28.89
Downside Target	28.95
Upside Target	30.20
Upside Target	32.00

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	26.8
Downside Intraday Target	24.18
Upside Intraday Target	31.12
Upside Intraday Target	32.82
Downside Intraday Target	28.5

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	29.42	26.03	30.20	25.88	5.215 times
27 Fri Dec 2024	26.03	24.50	26.50	24.47	0.278 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

Price has moved up 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
02 Thu Jan 2025	29.42	28.35	30.20	27.50	0.281 times
31 Tue Dec 2024	28.51	24.69	28.95	22.42	2.444 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

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)

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Mangalam Global stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mangalam Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.4 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.