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

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

10 day averaged volume of Mangalam Timber is 6343

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Oct 2021	18.65	18.00	18.65	18.00	0.602 times
08 Fri Oct 2021	18.05	19.25	19.25	17.80	0.526 times
07 Thu Oct 2021	18.45	18.15	19.20	18.00	0.975 times
06 Wed Oct 2021	18.50	18.00	19.50	18.00	0.381 times
05 Tue Oct 2021	18.90	18.00	18.90	17.45	2.547 times
04 Mon Oct 2021	18.00	18.25	18.80	18.00	0.271 times
01 Fri Oct 2021	18.00	18.45	18.45	17.55	0.53 times
30 Thu Sep 2021	17.60	17.60	17.80	17.60	0.225 times
29 Wed Sep 2021	18.00	18.50	18.65	17.20	0.58 times
28 Tue Sep 2021	18.00	17.20	18.70	17.20	0.676 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 18.7 as stoploss in an intra day sell trade for a target of 17.98. However, stock will show a bullish move above 18.7.

Share price targets for Mangalam Timber (MANGTIMBER_BE)

Target Type	Value
Downside Target	11.50
Downside Target	13.85
Downside Target	15.35
Downside Target	16.10
Downside Target	16.90
Downside Target	18.00
Downside Target	18.10
Downside Target	18.65
Upside Target	18.85
Upside Target	19.50
Upside Target	20.20

Intraday share price targets for Mangalam Timber (MANGTIMBER_BE)

Target Type	Value
Downside Intraday Target	18.22
Downside Intraday Target	17.78
Upside Intraday Target	18.87
Upside Intraday Target	19.08
Downside Intraday Target	18.43

Weekly technical analysis of Mangalam Timber (MANGTIMBER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Oct 2021	18.65	18.00	18.65	18.00	0.128 times
08 Fri Oct 2021	18.05	18.25	19.50	17.45	0.887 times
01 Fri Oct 2021	18.00	17.55	18.85	17.20	0.797 times
24 Fri Sep 2021	18.40	18.65	20.20	17.10	0.395 times
17 Fri Sep 2021	17.90	16.10	18.10	15.35	4.199 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 Timber (MANGTIMBER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Oct 2021	18.65	18.45	19.50	17.45	0.181 times
30 Thu Sep 2021	17.60	16.10	20.20	15.35	2.785 times
30 Mon Aug 2021	16.10	16.90	16.90	15.35	0.07 times
26 Mon Jul 2021	16.10	11.50	16.10	11.50	34.718 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 Timber (MANGTIMBER_BE)

Price action analysis of Mangalam Timber ( (MANGTIMBER_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 Timber ( (MANGTIMBER_BE) ) 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 Timber ( (MANGTIMBER_BE) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Mangalam Timber in short term but the sell signal is initial and weak.

Mangalam Timber 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Timber 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 positive zone. This is a BUY zone

Stock of Mangalam Timber is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.44 and Mangalam Timber (MANGTIMBER_BE) 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 Timber (MANGTIMBER_BE) stock. Volume based technical analysis of Mangalam Timber (MANGTIMBER_BE) stock is negative.

Mangalam Timber 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.