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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)

10 day averaged volume of Mangalam Global is 5659

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 45.00 46.55 46.55 44.80 1.299 times
13 Tue Apr 2021 45.45 49.00 49.80 43.05 2.842 times
12 Mon Apr 2021 44.85 47.00 47.00 44.85 2.005 times
09 Fri Apr 2021 46.05 46.00 47.95 46.00 0.387 times
08 Thu Apr 2021 47.35 46.70 48.50 45.00 0.514 times
07 Wed Apr 2021 45.45 46.40 46.40 45.00 0.734 times
06 Tue Apr 2021 45.35 44.55 46.30 38.55 0.823 times
05 Mon Apr 2021 46.00 47.00 47.00 45.20 0.432 times
01 Thu Apr 2021 46.25 46.20 46.50 46.20 0.574 times
31 Wed Mar 2021 45.80 45.90 46.00 45.75 0.485 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.9 as stoploss in an intra day buy trade for a target of 45.71. However, stock will show a bearish move below 44.9.

Share price targets for Mangalam Global (MGEL)

Target Type Value
Downside Target 35.20
Downside Target 38.05
Downside Target 43.05
Upside Target 46.50
Upside Target 48.50
Upside Target 48.70
Upside Target 49.80
Upside Target 49.95
Upside Target 50.00
Upside Target 55.55
Upside Target 56.95

Intraday share price targets for Mangalam Global (MGEL)

Target Type Value
Downside Intraday Target 42.1
Downside Intraday Target 39.2
Upside Intraday Target 48.85
Upside Intraday Target 52.7
Upside Intraday Target 45.95

Weekly technical analysis of Mangalam Global (MGEL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 45.00 47.00 49.80 43.05 2.127 times
09 Fri Apr 2021 46.05 47.00 48.50 38.55 1.276 times
01 Thu Apr 2021 46.25 46.00 46.50 44.50 0.818 times
26 Fri Mar 2021 45.65 48.70 48.70 38.25 0.706 times
19 Fri Mar 2021 46.75 45.40 48.70 44.00 1.166 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
15 Thu Apr 2021 45.00 46.20 49.80 38.55 0.225 times
31 Wed Mar 2021 45.80 46.10 50.00 38.25 0.861 times
25 Thu Feb 2021 46.25 47.20 49.95 38.05 1.074 times
29 Fri Jan 2021 46.05 50.00 55.55 43.25 2.386 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)

Indicator Name Indicator Value Indicator Signal
ADX 18, 26, 18 Sell
MACD -0, -0Sell
Stochastics 61None
CCI -37Sell
RSI 51Buy
OBV 410Sell
VWAP 45Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is

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

ADX buy sell signal for Mangalam Global stock for short term is SELL. Signal strength is Weak 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalam Global in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 45.47 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.

Click here for Mangalam Global charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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