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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 2024-10-28 View latest technical analysis

10 day averaged volume of Mangalam Organics is 6818

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	502.30	492.00	524.95	486.15	1.117 times
25 Fri Oct 2024	511.70	470.20	519.25	469.85	2.327 times
24 Thu Oct 2024	494.55	516.30	516.30	492.05	1.677 times
23 Wed Oct 2024	517.95	538.00	538.00	517.95	0.815 times
22 Tue Oct 2024	545.20	559.90	559.90	537.00	0.601 times
21 Mon Oct 2024	546.55	540.10	558.90	540.10	2.24 times
18 Fri Oct 2024	545.90	524.50	545.90	524.50	0.829 times
17 Thu Oct 2024	535.20	545.95	545.95	535.20	0.219 times
16 Wed Oct 2024	546.10	543.10	561.00	543.10	0.237 times
15 Tue Oct 2024	553.55	553.55	553.55	553.55	0.821 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 507.2, but if it comes above 507.2, then a intra day buy could be more profitable.
If you take a sell trade below 507.2, then use 507.2 as stoploss and 486 as target. However if you take a buy trade in stock , then use 507.2 as stoploss and 524.77 as target.

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	469.85
Downside Target	486.15
Upside Target	510.05
Upside Target	520.65
Upside Target	541.65
Upside Target	559.90
Upside Target	561.00
Upside Target	720.00

Intraday share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Intraday Target	483.98
Downside Intraday Target	465.67
Upside Intraday Target	522.78
Upside Intraday Target	543.27
Upside Intraday Target	504.47

Weekly technical analysis of Mangalam Organics (MANORG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	502.30	492.00	524.95	486.15	0.146 times
25 Fri Oct 2024	511.70	540.10	559.90	469.85	3.273 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

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 Organics (MANORG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	502.30	531.05	561.00	469.85	0.37 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 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 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 Organics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Mangalam Organics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a buy signal for Mangalam Organics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 524.57 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 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.