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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 2024-11-21 View latest technical analysis

10 day averaged volume of Mangalam Organics is 5358

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	483.25	483.25	483.25	483.25	0.048 times
19 Tue Nov 2024	493.10	493.10	493.10	493.10	0.15 times
18 Mon Nov 2024	503.15	503.15	503.25	503.15	0.147 times
14 Thu Nov 2024	513.40	513.40	513.40	513.40	0.033 times
13 Wed Nov 2024	523.85	523.85	523.85	523.85	0.027 times
12 Tue Nov 2024	534.50	534.50	534.50	534.50	0.044 times
11 Mon Nov 2024	545.40	574.10	575.00	545.40	1.904 times
08 Fri Nov 2024	574.10	565.00	590.65	561.00	2.724 times
07 Thu Nov 2024	562.55	550.00	567.95	537.00	1.196 times
06 Wed Nov 2024	544.10	540.00	554.70	535.40	0.609 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 493.2, but if it comes above 493.2, then a intra day buy could be more profitable.
If you take a sell trade below 493.2, then use 493.2 as stoploss and 463.6 as target. However if you take a buy trade in stock , then use 493.2 as stoploss and 517.89 as target.

Share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Target	330.00
Downside Target	358.10
Downside Target	391.95
Downside Target	425.00
Downside Target	469.85
Downside Target	482.00
Upside Target	503.25
Upside Target	513.40
Upside Target	559.90
Upside Target	561.00
Upside Target	575.00
Upside Target	590.65
Upside Target	720.00

Intraday share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Intraday Target	476.58
Downside Intraday Target	469.92
Upside Intraday Target	496.58
Upside Intraday Target	509.92
Upside Intraday Target	489.92

Weekly technical analysis of Mangalam Organics (MANORG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	483.25	503.15	503.25	483.25	0.172 times
14 Thu Nov 2024	513.40	574.10	575.00	513.40	0.234 times
08 Fri Nov 2024	574.10	509.95	590.65	489.00	2.56 times
01 Fri Nov 2024	499.15	492.00	524.95	482.00	0.343 times
25 Fri Oct 2024	511.70	540.10	559.90	469.85	3.273 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
21 Thu Nov 2024	483.25	492.70	590.65	483.25	0.49 times
31 Thu Oct 2024	492.70	531.05	561.00	469.85	0.396 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Organics ( (MANORG_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 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 gaining momentum.

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

Mangalam Organics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 556.84 and Mangalam Organics (MANORG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.