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

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

Showing technical analysis as on 2024-10-23 View latest technical analysis

10 day averaged volume of Mangalam Organics is 4072

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	517.95	538.00	538.00	517.95	1.365 times
22 Tue Oct 2024	545.20	559.90	559.90	537.00	1.006 times
21 Mon Oct 2024	546.55	540.10	558.90	540.10	3.75 times
18 Fri Oct 2024	545.90	524.50	545.90	524.50	1.388 times
17 Thu Oct 2024	535.20	545.95	545.95	535.20	0.367 times
16 Wed Oct 2024	546.10	543.10	561.00	543.10	0.397 times
15 Tue Oct 2024	553.55	553.55	553.55	553.55	1.375 times
14 Mon Oct 2024	542.70	542.70	542.70	542.70	0.392 times
11 Fri Oct 2024	532.10	532.10	532.10	532.00	0.345 times
10 Thu Oct 2024	521.70	521.70	521.70	521.70	0.138 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 514.8 as stoploss in an intra day buy trade for a target of 530.67. However, stock will show a bearish move below 514.8.

Share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Target	330.00
Downside Target	345.05
Downside Target	358.10
Downside Target	391.95
Downside Target	425.00
Downside Target	495.00
Downside Target	510.05
Upside Target	541.65
Upside Target	559.90
Upside Target	561.00
Upside Target	575.90
Upside Target	720.00

Intraday share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Intraday Target	503.97
Downside Intraday Target	489.98
Upside Intraday Target	545.92
Upside Intraday Target	573.88
Upside Intraday Target	531.93

Weekly technical analysis of Mangalam Organics (MANORG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	517.95	540.10	559.90	517.95	1.562 times
18 Fri Oct 2024	545.90	542.70	561.00	524.50	0.963 times
11 Fri Oct 2024	532.10	504.95	532.10	498.00	0.62 times
04 Fri Oct 2024	512.50	520.65	541.65	510.05	1.895 times
27 Fri Sep 2024	531.25	575.90	575.90	531.25	0.891 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Organics (MANORG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	517.95	531.05	561.00	498.00	0.258 times
30 Mon Sep 2024	520.65	586.00	720.00	520.65	1.913 times
15 Mon Jul 2024	396.15	359.00	425.00	358.10	1.454 times
28 Fri Jun 2024	359.35	349.50	391.95	330.00	0.649 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 Organics (MANORG_BE)

Price action analysis of Mangalam Organics ( (MANORG_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 Organics ( (MANORG_BE) ) 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 Organics ( (MANORG_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 Organics ( (MANORG_BE) ) based on a mid to longer 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.

ADX buy sell signal for Mangalam Organics stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Mangalam Organics 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 Organics in short term and SELL 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 Organics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 542.18 and Mangalam Organics (MANORG_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 Organics (MANORG_BE) stock. Volume based technical analysis of Mangalam Organics (MANORG_BE) stock is negative.

Mangalam Organics Stock is giving positive 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.