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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 2025-01-08 View latest technical analysis

10 day averaged volume of Mangalam Global is 766198

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	28.95	29.45	31.00	28.75	1.533 times
07 Tue Jan 2025	29.75	27.84	30.10	27.45	1.42 times
06 Mon Jan 2025	27.42	29.61	30.38	26.70	1.016 times
03 Fri Jan 2025	29.08	29.50	30.00	28.95	0.693 times
02 Thu Jan 2025	29.42	28.60	30.20	27.50	1.653 times
01 Wed Jan 2025	27.96	28.35	29.60	27.70	1.204 times
31 Tue Dec 2024	28.51	27.32	28.95	27.20	1.481 times
30 Mon Dec 2024	27.74	26.03	28.41	25.88	1.808 times
27 Fri Dec 2024	26.03	25.90	26.50	25.05	0.218 times
26 Thu Dec 2024	25.87	24.89	26.04	24.89	0.267 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.3, but if it comes below 28.3, then a intra day sell could be more profitable.
If you take a sell trade below 28.3, then use 28.3 as stoploss and 26.2 as target. However if you take a buy trade in stock , then use 28.3 as stoploss and 30.9 as target.

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	25.88
Downside Target	27.01
Downside Target	28.89
Downside Target	28.95
Upside Target	30.20
Upside Target	31.00
Upside Target	32.00

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	26.77
Downside Intraday Target	24.58
Upside Intraday Target	31.07
Upside Intraday Target	33.18
Downside Intraday Target	28.88

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	28.95	29.61	31.00	26.70	0.58 times
03 Fri Jan 2025	29.08	26.03	30.20	25.88	5.803 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

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
08 Wed Jan 2025	28.95	28.35	31.00	26.70	0.738 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 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 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 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 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 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 green color and prices are above the green cloud Prices appear to be coming down

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

Although the stock is in the SELL zone, but selling 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 28.5 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.