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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 2025-02-18 View latest technical analysis

10 day averaged volume of Mangalam Global is 331272

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	24.27	24.12	26.09	23.24	0.863 times
17 Mon Feb 2025	24.24	24.87	25.39	23.95	0.551 times
14 Fri Feb 2025	24.87	25.63	26.00	24.14	0.495 times
13 Thu Feb 2025	25.67	26.23	26.33	25.54	0.342 times
12 Wed Feb 2025	25.98	25.60	26.43	24.84	0.58 times
11 Tue Feb 2025	25.79	28.66	29.30	24.69	1.241 times
10 Mon Feb 2025	28.66	28.35	29.99	28.01	1.414 times
07 Fri Feb 2025	28.19	29.13	29.20	27.90	0.362 times
06 Thu Feb 2025	29.07	28.95	29.60	27.75	1.43 times
05 Wed Feb 2025	28.88	29.39	30.00	28.23	2.053 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.4, but if it comes above 24.4, then a intra day buy could be more profitable.
If you take a sell trade below 24.4, then use 24.4 as stoploss and 22.2 as target. However if you take a buy trade in stock , then use 24.4 as stoploss and 26.18 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	21.28
Downside Target	22.42
Downside Target	23.24
Downside Target	24.14
Upside Target	25.25
Upside Target	26.09
Upside Target	27.26
Upside Target	28.89
Upside Target	28.95
Upside Target	29.99
Upside Target	30.00
Upside Target	30.40
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	22.98
Downside Intraday Target	21.68
Upside Intraday Target	25.83
Upside Intraday Target	27.38
Upside Intraday Target	24.53

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	24.27	24.87	26.09	23.24	0.347 times
14 Fri Feb 2025	24.87	28.35	29.99	24.14	0.555 times
07 Fri Feb 2025	28.19	26.00	30.00	25.25	2.457 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

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
18 Tue Feb 2025	24.27	26.00	30.00	23.24	0.219 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mangalam Global in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 27.23 and Mangalam Global (MGEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 negative.

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