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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 2024-08-14 View latest technical analysis

10 day averaged volume of Mangalam Global is 159633

Date Daily Closing Price Open High Low Volume
14 Wed Aug 2024 24.72 24.11 25.40 23.85 0.735 times
13 Tue Aug 2024 24.87 25.90 25.90 24.80 0.451 times
12 Mon Aug 2024 25.03 25.85 25.85 24.69 0.795 times
09 Fri Aug 2024 25.36 24.81 25.79 24.70 0.767 times
08 Thu Aug 2024 25.30 25.55 26.10 24.80 0.528 times
07 Wed Aug 2024 25.05 24.99 25.93 24.01 1.489 times
06 Tue Aug 2024 24.70 25.14 25.95 24.51 1.183 times
05 Mon Aug 2024 25.14 25.01 26.15 24.96 1.817 times
02 Fri Aug 2024 26.20 26.34 26.87 25.02 0.883 times
01 Thu Aug 2024 26.34 27.50 27.50 26.12 1.186 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.2, but if it comes above 25.2, then a intra day buy could be more profitable.
If you take a sell trade below 25.2, then use 25.2 as stoploss and 23.9 as target. However if you take a buy trade in stock , then use 25.2 as stoploss and 26.25 as target.

Share price targets for Mangalam Global (MGEL_BE)

Target Type Value
Downside Target 12.65
Downside Target 13.25
Downside Target 16.95
Downside Target 17.75
Downside Target 21.35
Downside Target 23.85
Upside Target 25.02
Upside Target 25.80
Upside Target 26.29
Upside Target 27.50
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 23.75
Downside Intraday Target 22.77
Upside Intraday Target 25.8
Upside Intraday Target 26.87
Upside Intraday Target 24.82

Weekly technical analysis of Mangalam Global (MGEL_BE)

Date Weekly Closing Price Open High Low Volume
14 Wed Aug 2024 24.72 25.85 25.90 23.85 0.342 times
09 Fri Aug 2024 25.36 25.01 26.15 24.01 1.073 times
02 Fri Aug 2024 26.20 27.00 28.69 25.02 0.641 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

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
14 Wed Aug 2024 24.72 27.50 27.50 23.85 0.602 times
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

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_BE)

Price action analysis of Mangalam Global ( (MGEL_BE) ) 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_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 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_BE) ) 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 SELL signal for Mangalam Global in short term but the sell 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 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 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 25.29 and Mangalam Global (MGEL_BE) 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_BE) stock. Volume based technical analysis of Mangalam Global (MGEL_BE) stock is negative.

Mangalam Global Stock has given negative 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.

Price action analysis of Mangalam Global ( (MGEL_BE) ) 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_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 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_BE) ) 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 SELL signal for Mangalam Global in short term but the sell 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 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 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 25.29 and Mangalam Global (MGEL_BE) 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_BE) stock. Volume based technical analysis of Mangalam Global (MGEL_BE) stock is negative.

Mangalam Global Stock has given negative 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.

Click here for Mangalam Global charts

Click here for further forecast and predictions for tomorrow

Daily charts

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