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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 2024-12-24 View latest technical analysis

10 day averaged volume of Mangalam Organics is 9194

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	421.10	425.00	426.80	416.10	0.15 times
23 Mon Dec 2024	419.90	437.90	444.00	415.00	0.908 times
20 Fri Dec 2024	430.20	420.45	447.85	420.00	0.862 times
19 Thu Dec 2024	426.55	415.20	435.00	411.00	0.781 times
18 Wed Dec 2024	423.40	422.00	434.95	415.00	1.659 times
17 Tue Dec 2024	425.60	429.70	429.70	416.05	0.825 times
16 Mon Dec 2024	430.10	423.95	433.00	405.05	1.385 times
13 Fri Dec 2024	423.95	427.75	427.75	423.95	0.819 times
12 Thu Dec 2024	432.60	440.00	440.00	432.60	0.792 times
11 Wed Dec 2024	440.00	437.10	446.75	437.10	0.867 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 424.2, but if it comes above 424.2, then a intra day buy could be more profitable.
If you take a sell trade below 424.2, then use 424.2 as stoploss and 414.5 as target. However if you take a buy trade in stock , then use 424.2 as stoploss and 432.29 as target.

Share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Target	358.10
Downside Target	405.05
Downside Target	415.00
Upside Target	444.00
Upside Target	455.00
Upside Target	464.15
Upside Target	469.85
Upside Target	520.65
Upside Target	561.00
Upside Target	590.65
Upside Target	720.00

Intraday share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Intraday Target	409.4
Downside Intraday Target	397.7
Upside Intraday Target	438.4
Upside Intraday Target	455.7
Upside Intraday Target	426.7

Weekly technical analysis of Mangalam Organics (MANORG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	421.10	437.90	444.00	415.00	0.192 times
20 Fri Dec 2024	430.20	423.95	447.85	405.05	1.392 times
13 Fri Dec 2024	423.95	431.15	446.75	423.95	0.746 times
06 Fri Dec 2024	439.95	419.65	455.00	419.65	2.513 times
29 Fri Nov 2024	428.20	464.15	464.15	428.20	5.501 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
24 Tue Dec 2024	421.10	419.65	455.00	405.05	1.784 times
29 Fri Nov 2024	428.20	492.70	590.65	428.20	0.66 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Mangalam Organics in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 427.6 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.