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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 2025-02-28 View latest technical analysis

10 day averaged volume of Mangalam Global is 639882

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	28.07	30.12	30.71	27.67	0.452 times
27 Thu Feb 2025	29.68	30.75	31.89	29.50	1.295 times
25 Tue Feb 2025	31.17	31.00	32.20	30.51	1.434 times
24 Mon Feb 2025	31.09	28.64	31.76	27.50	3.157 times
21 Fri Feb 2025	28.38	28.12	29.50	27.86	0.861 times
20 Thu Feb 2025	28.12	25.40	28.62	25.40	1.734 times
19 Wed Feb 2025	25.02	24.90	25.72	24.38	0.353 times
18 Tue Feb 2025	24.27	24.12	26.09	23.24	0.447 times
17 Mon Feb 2025	24.24	24.87	25.39	23.95	0.285 times
14 Fri Feb 2025	24.87	25.63	26.00	24.14	0.256 times

My analysis of stock is bullish for shortterm, and stock might move up till 29.6 or till 32.2. Use a stoploss of 27.37 and if this stock hits its stoploss, then it can fall down till 25.19

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
Downside Target	25.25
Downside Target	26.10
Downside Target	27.26
Upside Target	28.89
Upside Target	29.50
Upside Target	29.99
Upside Target	30.00
Upside Target	32.20
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	26.31
Downside Intraday Target	24.56
Upside Intraday Target	31.01
Upside Intraday Target	33.96
Upside Intraday Target	29.26

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	28.07	28.64	32.20	27.50	1.722 times
21 Fri Feb 2025	28.38	24.87	29.50	23.24	1.746 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

Price has moved down 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
28 Fri Feb 2025	28.07	26.00	32.20	23.24	0.524 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Mangalam Global in short term and the buy signal is strong.

Mangalam Global Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 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 29.21 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 is giving positive 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.