(MANGALAM) Mangalam Drugs complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drugs | (MANGALAM) share price targets
Complete technical analysis of Mangalam Drugs (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drugs (MANGALAM)
Mangalam Drugs trades in NSE in Pharmaceuticals sector.
10 day averaged volume of Mangalam Drugs is 31754
Date | Daily Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 101.30 | 102.50 | 103.55 | 100.60 | 1.062 times |
02 Thu May 2024 | 102.65 | 101.85 | 103.00 | 101.80 | 0.687 times |
30 Tue Apr 2024 | 101.85 | 101.70 | 105.40 | 99.45 | 2.64 times |
29 Mon Apr 2024 | 99.75 | 101.90 | 101.90 | 99.15 | 0.687 times |
26 Fri Apr 2024 | 100.70 | 100.15 | 101.90 | 100.00 | 0.637 times |
25 Thu Apr 2024 | 100.75 | 101.75 | 102.90 | 100.50 | 0.768 times |
24 Wed Apr 2024 | 101.75 | 102.20 | 103.40 | 101.40 | 0.733 times |
23 Tue Apr 2024 | 101.65 | 100.65 | 103.50 | 100.65 | 1.254 times |
22 Mon Apr 2024 | 100.10 | 100.05 | 102.00 | 99.60 | 1.025 times |
19 Fri Apr 2024 | 99.95 | 99.70 | 100.60 | 98.45 | 0.581 times |
My analysis of stock is bearish for shortterm, and stock might move down till 99.8 or till 98. Use a stoploss of 101.31 and if the stock hits stoploss, then it can shoot up till 102.82
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 90.80 |
Downside Target | 92.85 |
Downside Target | 97.00 |
Downside Target | 99.15 |
Upside Target | 104.00 |
Upside Target | 105.00 |
Upside Target | 105.40 |
Upside Target | 107.40 |
Upside Target | 114.00 |
Upside Target | 124.70 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 98.5 |
Downside Intraday Target | 95.7 |
Upside Intraday Target | 104.75 |
Upside Intraday Target | 108.2 |
Upside Intraday Target | 101.95 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 101.30 | 101.90 | 105.40 | 99.15 | 1.149 times |
26 Fri Apr 2024 | 100.70 | 100.05 | 103.50 | 99.60 | 1.405 times |
19 Fri Apr 2024 | 99.95 | 102.00 | 102.35 | 97.00 | 0.74 times |
12 Fri Apr 2024 | 102.70 | 105.00 | 107.40 | 101.05 | 0.487 times |
05 Fri Apr 2024 | 104.30 | 93.70 | 105.00 | 92.85 | 1.061 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 Drugs (MANGALAM)
Date | Monthly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 101.30 | 101.85 | 103.55 | 100.60 | 0.073 times |
30 Tue Apr 2024 | 101.85 | 93.70 | 107.40 | 92.85 | 0.636 times |
28 Thu Mar 2024 | 92.10 | 121.50 | 124.70 | 90.80 | 0.203 times |
29 Thu Feb 2024 | 122.05 | 109.15 | 132.45 | 104.00 | 2.655 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 Drugs (MANGALAM)
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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 Drugs ( (MANGALAM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid 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 Drugs ( (MANGALAM) ) 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 Drugs stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mangalam Drugs 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 Drugs 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalam Drugs in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 101.23 and Mangalam Drugs (MANGALAM) 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 Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs 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.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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 Drugs ( (MANGALAM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid 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 Drugs ( (MANGALAM) ) 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 Drugs stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mangalam Drugs 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 Drugs 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalam Drugs in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 101.23 and Mangalam Drugs (MANGALAM) 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 Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs 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.
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Daily charts
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