(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.
Showing technical analysis as on 2024-04-02 View latest technical analysis
10 day averaged volume of Mangalam Drugs is 55677
Date | Daily Closing Price | Open | High | Low | Volume |
02 Tue Apr 2024 | 98.95 | 98.25 | 100.10 | 97.25 | 1.196 times |
01 Mon Apr 2024 | 97.65 | 93.70 | 98.50 | 92.85 | 1.017 times |
28 Thu Mar 2024 | 92.10 | 93.05 | 96.50 | 90.80 | 1.372 times |
27 Wed Mar 2024 | 93.50 | 97.25 | 98.55 | 92.45 | 2.253 times |
26 Tue Mar 2024 | 97.05 | 101.75 | 101.75 | 96.55 | 1.068 times |
22 Fri Mar 2024 | 100.30 | 100.80 | 101.30 | 99.00 | 0.62 times |
21 Thu Mar 2024 | 98.00 | 97.00 | 100.75 | 97.00 | 0.82 times |
20 Wed Mar 2024 | 96.70 | 96.00 | 98.75 | 96.00 | 0.66 times |
19 Tue Mar 2024 | 97.35 | 98.30 | 101.40 | 96.50 | 0.728 times |
18 Mon Mar 2024 | 100.45 | 104.00 | 104.00 | 99.50 | 0.723 times |
My analysis of stock is bearish for shortterm, and stock might move down till 94.3 or till 83.4. Use a stoploss of 103.37 and if the stock hits stoploss, then it can shoot up till 112.45
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 90.80 |
Upside Target | 100.10 |
Upside Target | 102.05 |
Upside Target | 104.00 |
Upside Target | 111.20 |
Upside Target | 114.00 |
Upside Target | 114.50 |
Upside Target | 123.45 |
Upside Target | 124.70 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 94.5 |
Downside Intraday Target | 90.05 |
Upside Intraday Target | 101.75 |
Upside Intraday Target | 104.55 |
Downside Intraday Target | 97.3 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Tue Apr 2024 | 98.95 | 93.70 | 100.10 | 92.85 | 0.472 times |
28 Thu Mar 2024 | 92.10 | 101.75 | 101.75 | 90.80 | 1.322 times |
22 Fri Mar 2024 | 100.30 | 104.00 | 104.00 | 96.00 | 0.567 times |
15 Fri Mar 2024 | 100.85 | 114.50 | 114.50 | 91.70 | 1.092 times |
07 Thu Mar 2024 | 113.70 | 122.10 | 123.45 | 111.20 | 0.645 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 |
02 Tue Apr 2024 | 98.95 | 93.70 | 100.10 | 92.85 | 0.103 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 |
31 Wed Jan 2024 | 108.35 | 99.50 | 114.00 | 97.00 | 2.379 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 Drugs (MANGALAM)
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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 Drugs ( (MANGALAM) ) 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 Drugs ( (MANGALAM) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mangalam Drugs in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 Drugs in short term and BUY signal is strong.
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 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 96.41 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 falling down
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 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.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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 Drugs ( (MANGALAM) ) 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 Drugs ( (MANGALAM) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mangalam Drugs in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 Drugs in short term and BUY signal is strong.
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 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 96.41 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 falling down
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 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.
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Daily charts
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