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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 2025-01-22 View latest technical analysis

10 day averaged volume of Mangalam Global is 1341882

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	26.98	27.90	27.90	26.57	0.117 times
21 Tue Jan 2025	27.77	29.10	29.23	27.58	0.237 times
20 Mon Jan 2025	28.93	29.30	30.40	28.52	0.426 times
17 Fri Jan 2025	28.88	28.00	30.06	27.43	0.257 times
16 Thu Jan 2025	28.22	27.50	28.60	27.29	0.239 times
15 Wed Jan 2025	27.09	27.79	27.84	26.68	0.144 times
14 Tue Jan 2025	27.42	27.04	28.75	26.83	0.61 times
13 Mon Jan 2025	26.60	28.31	28.85	26.26	0.445 times
10 Fri Jan 2025	28.61	30.24	30.74	28.24	1.026 times
09 Thu Jan 2025	30.56	29.40	33.48	29.20	5.741 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 26.9 as stoploss in an intra day buy trade for a target of 28.09. However, stock will show a bearish move below 26.9.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	20.25
Downside Target	21.28
Downside Target	22.42
Downside Target	24.47
Downside Target	25.88
Upside Target	28.89
Upside Target	28.95
Upside Target	30.06
Upside Target	30.20
Upside Target	30.40
Upside Target	32.00
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	25.57
Downside Intraday Target	24.15
Upside Intraday Target	29.4
Upside Intraday Target	31.81
Upside Intraday Target	27.98

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	26.98	29.30	30.40	26.57	0.461 times
17 Fri Jan 2025	28.88	28.31	30.06	26.26	0.188 times
10 Fri Jan 2025	28.61	29.61	33.48	26.70	2.314 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

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
22 Wed Jan 2025	26.98	28.35	33.48	26.26	2.328 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 down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Global ( (MGEL) ) based on a short to mid 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

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 losing 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 and the buying is gaining 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 29.59 and Mangalam Global (MGEL) stock is trading below this level. This means that stock is falling with high volumes. 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 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.