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(MGEL_BE) Mangalam Global complete technical analysis [charts+indicators] | Buy/Sell Mangalam Global | (MGEL_BE) share price targets

Complete technical analysis of Mangalam Global (MGEL_BE) by charts plus indicators, forecast predictions and share price targets for Mangalam Global (MGEL_BE)

Showing technical analysis as on 2024-07-31 View latest technical analysis

10 day averaged volume of Mangalam Global is 250675

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	27.05	27.48	27.95	26.72	0.574 times
30 Tue Jul 2024	27.06	27.14	27.89	26.00	0.819 times
29 Mon Jul 2024	27.14	27.00	28.69	26.50	0.723 times
26 Fri Jul 2024	27.89	26.51	28.37	26.40	2.399 times
25 Thu Jul 2024	27.04	27.50	27.50	26.11	0.475 times
24 Wed Jul 2024	27.28	26.80	28.00	26.80	0.572 times
23 Tue Jul 2024	27.35	27.50	27.50	26.20	0.903 times
22 Mon Jul 2024	27.34	25.82	27.50	25.80	1.002 times
19 Fri Jul 2024	26.42	27.68	28.10	26.29	1.492 times
18 Thu Jul 2024	27.68	28.50	29.84	27.68	1.442 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.2 as stoploss in an intra day sell trade for a target of 21.46. However, stock will show a bullish move above 27.2.

Share price targets for Mangalam Global (MGEL_BE)

Target Type	Value
Downside Target	12.65
Downside Target	13.25
Downside Target	14.45
Downside Target	16.90
Downside Target	17.75
Downside Target	20.00
Downside Target	21.35
Downside Target	25.80
Downside Target	26.00
Downside Target	26.29
Upside Target	28.37
Upside Target	28.69
Upside Target	29.84

Intraday share price targets for Mangalam Global (MGEL_BE)

Target Type	Value
Downside Intraday Target	25.8
Downside Intraday Target	24.56
Upside Intraday Target	28.49
Upside Intraday Target	29.94
Upside Intraday Target	27.25

Weekly technical analysis of Mangalam Global (MGEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	27.05	27.00	28.69	26.00	0.395 times
26 Fri Jul 2024	27.89	25.82	28.37	25.80	1.824 times
19 Fri Jul 2024	26.42	28.50	29.84	26.29	1.897 times
20 Fri Oct 2023	15.85	16.80	17.00	14.60	0.461 times
13 Fri Oct 2023	16.25	16.00	17.00	14.45	0.756 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	27.05	28.50	29.84	25.80	1.114 times
20 Fri Oct 2023	15.85	13.60	17.00	12.65	3.532 times
29 Fri Sep 2023	13.25	17.75	17.75	13.25	0.441 times
31 Thu Aug 2023	18.10	18.95	21.35	16.95	1.331 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_BE)

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

ADX buy sell signal for Mangalam Global stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Global in short term and the buy 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 green color and prices are above the green cloud Prices appear to be coming down

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 and the buying is gaining 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 27.31 and Mangalam Global (MGEL_BE) 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_BE) stock. Volume based technical analysis of Mangalam Global (MGEL_BE) 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.