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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 2025-05-23 View latest technical analysis

10 day averaged volume of Mangalam Global is 277638

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	13.32	13.00	13.44	12.83	2.502 times
22 Thu May 2025	13.03	12.52	13.35	12.33	1.827 times
21 Wed May 2025	12.52	12.99	12.99	12.41	0.59 times
20 Tue May 2025	12.82	12.99	13.05	12.72	0.308 times
19 Mon May 2025	12.87	13.50	13.54	12.78	1.145 times
16 Fri May 2025	13.30	13.50	13.50	12.36	1.651 times
15 Thu May 2025	13.20	13.06	13.88	12.85	1.085 times
14 Wed May 2025	12.84	13.00	13.00	12.75	0.616 times
13 Tue May 2025	12.82	13.14	13.14	12.72	0.581 times
12 Mon May 2025	12.89	13.00	13.06	12.62	0.593 times

Stock of Mangalam Global (MGEL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.3, but if it comes below 13.3, then a intra day sell could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and 12.98 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 13.8 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	11.70
Downside Target	12.26
Downside Target	12.96
Upside Target	13.54
Upside Target	13.88
Upside Target	15.25
Upside Target	15.90
Upside Target	23.24
Upside Target	23.49
Upside Target	29.67
Upside Target	32.20
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	12.59
Downside Intraday Target	11.85
Upside Intraday Target	13.8
Upside Intraday Target	14.27
Downside Intraday Target	13.06

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	13.32	13.50	13.54	12.33	1.408 times
16 Fri May 2025	13.30	13.00	13.88	12.36	1.081 times
09 Fri May 2025	12.05	12.85	13.65	11.77	0.69 times
02 Fri May 2025	13.04	13.00	13.86	12.26	0.394 times
25 Fri Apr 2025	13.15	14.02	15.25	12.96	0.878 times

Price has moved up 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
23 Fri May 2025	13.32	12.89	13.88	11.77	0.264 times
30 Wed Apr 2025	12.89	15.18	15.90	11.70	1.19 times
28 Fri Mar 2025	15.14	28.64	29.67	13.21	1.51 times
28 Fri Feb 2025	28.07	26.00	32.20	23.24	0.524 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 to mid 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 mid to longer 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.

ADX buy sell signal for Mangalam Global stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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 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 buy signal for Mangalam Global in short term and BUY signal is strong.

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

Stock of Mangalam Global is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.07 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.