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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 2025-02-06 View latest technical analysis

10 day averaged volume of Mangalam Global is 311962

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	29.07	28.95	29.60	27.75	1.519 times
05 Wed Feb 2025	28.88	29.39	30.00	28.23	2.18 times
04 Tue Feb 2025	29.01	26.83	29.30	26.83	1.626 times
03 Mon Feb 2025	27.22	26.00	28.10	25.25	2.086 times
31 Fri Jan 2025	24.05	24.23	25.01	23.50	0.641 times
30 Thu Jan 2025	24.22	24.60	24.72	24.02	0.375 times
29 Wed Jan 2025	24.08	23.96	24.89	23.76	0.452 times
28 Tue Jan 2025	23.96	24.80	25.50	23.49	0.732 times
27 Mon Jan 2025	24.57	26.99	27.26	24.19	0.973 times
24 Fri Jan 2025	26.88	27.10	27.60	26.66	0.55 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.8, but if it comes below 28.8, then a intra day sell could be more profitable.
If you take a sell trade below 28.8, then use 28.8 as stoploss and 26.97 as target. However if you take a buy trade in stock , then use 28.8 as stoploss and 30.9 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	21.28
Downside Target	22.42
Downside Target	23.49
Downside Target	25.25
Downside Target	26.10
Downside Target	27.26
Downside Target	28.89
Upside Target	30.00
Upside Target	30.06
Upside Target	30.40
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	26.21
Downside Intraday Target	23.36
Upside Intraday Target	30.96
Upside Intraday Target	32.86
Downside Intraday Target	28.11

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	29.07	26.00	30.00	25.25	2.336 times
31 Fri Jan 2025	24.05	26.99	27.26	23.49	0.739 times
24 Fri Jan 2025	26.88	29.30	30.40	26.57	0.589 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

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
06 Thu Feb 2025	29.07	26.00	30.00	25.25	0.119 times
31 Fri Jan 2025	24.05	28.35	33.48	23.49	2.492 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

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 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 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mangalam Global in short term but SELL signal is weak.

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 27.19 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.