Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-06-05 View latest technical analysis

10 day averaged volume of Mangalam Global is 646462

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Jun 2025	12.27	12.15	12.37	12.11	0.232 times
04 Wed Jun 2025	12.02	12.63	12.65	11.98	0.899 times
03 Tue Jun 2025	12.53	12.75	12.97	12.50	0.355 times
02 Mon Jun 2025	12.83	13.10	13.10	12.76	0.4 times
30 Fri May 2025	13.11	13.13	13.33	12.85	0.909 times
29 Thu May 2025	13.27	12.33	13.50	12.20	2.417 times
28 Wed May 2025	12.23	13.05	13.63	11.83	1.778 times
27 Tue May 2025	13.11	13.15	13.24	12.74	0.881 times
26 Mon May 2025	13.17	13.43	13.43	13.06	0.502 times
23 Fri May 2025	13.32	13.00	13.44	12.83	1.075 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.4, but if it comes above 12.4, then a intra day buy could be more profitable.
If you take a sell trade below 12.4, then use 12.4 as stoploss and 11.9 as target. However if you take a buy trade in stock , then use 12.4 as stoploss and 12.81 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	11.70
Upside Target	12.33
Upside Target	13.10
Upside Target	13.54
Upside Target	13.63
Upside Target	13.65
Upside Target	13.88
Upside Target	15.90
Upside Target	23.24
Upside Target	29.67
Upside Target	32.20

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	11.8
Downside Intraday Target	11.33
Upside Intraday Target	12.92
Upside Intraday Target	13.57
Upside Intraday Target	12.45

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Jun 2025	12.27	13.10	13.10	11.98	0.291 times
30 Fri May 2025	13.11	13.43	13.63	11.83	2.371 times
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

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
05 Thu Jun 2025	12.27	13.10	13.10	11.98	0.135 times
30 Fri May 2025	13.11	12.89	13.88	11.77	0.493 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

Scroll below to view daily charts

Price has moved down 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Global in short term but the buy 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 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 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 12.85 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.