(MGEL) Mangalam Global complete technical analysis [charts+indicators] | Buy/Sell Mangalam Global | (MGEL) share price targets
Complete technical analysis of Mangalam Global (MGEL) by charts plus indicators, forecast predictions and share price targets for Mangalam Global (MGEL)
Showing technical analysis as on 2024-04-04 View latest technical analysis
10 day averaged volume of Mangalam Global is 216325
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 19.50 | 19.80 | 19.80 | 19.35 | 0.694 times |
03 Wed Apr 2024 | 19.55 | 19.80 | 19.85 | 19.50 | 0.649 times |
02 Tue Apr 2024 | 19.65 | 19.90 | 20.00 | 19.45 | 0.698 times |
01 Mon Apr 2024 | 19.75 | 19.95 | 20.20 | 19.55 | 0.778 times |
28 Thu Mar 2024 | 19.65 | 20.10 | 20.10 | 19.45 | 0.308 times |
27 Wed Mar 2024 | 19.40 | 19.80 | 20.60 | 19.20 | 0.694 times |
26 Tue Mar 2024 | 20.15 | 20.40 | 20.50 | 19.65 | 1.472 times |
22 Fri Mar 2024 | 20.15 | 21.10 | 21.25 | 19.80 | 1.714 times |
21 Thu Mar 2024 | 20.90 | 21.50 | 21.50 | 20.85 | 1.312 times |
20 Wed Mar 2024 | 21.05 | 20.90 | 22.30 | 20.35 | 1.843 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 19.3 as stoploss in an intra day buy trade for a target of 20.08. However, stock will show a bearish move below 19.3.
Share price targets for Mangalam Global (MGEL)
Target Type | Value |
Downside Target | 16.05 |
Downside Target | 17.90 |
Downside Target | 19.20 |
Upside Target | 20.20 |
Upside Target | 20.60 |
Upside Target | 21.60 |
Upside Target | 22.20 |
Upside Target | 22.30 |
Upside Target | 22.90 |
Upside Target | 23.20 |
Upside Target | 24.95 |
Intraday share price targets for Mangalam Global (MGEL)
Target Type | Value |
Downside Intraday Target | 19.17 |
Downside Intraday Target | 18.83 |
Upside Intraday Target | 20.02 |
Upside Intraday Target | 20.53 |
Upside Intraday Target | 19.68 |
Weekly technical analysis of Mangalam Global (MGEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 19.50 | 19.95 | 20.20 | 19.35 | 1.139 times |
28 Thu Mar 2024 | 19.65 | 20.40 | 20.60 | 19.20 | 0.333 times |
22 Fri Mar 2024 | 20.15 | 20.80 | 22.30 | 19.80 | 1.092 times |
15 Fri Mar 2024 | 20.60 | 21.00 | 21.60 | 17.90 | 1.499 times |
07 Thu Mar 2024 | 21.05 | 22.00 | 22.20 | 19.70 | 0.414 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 Global (MGEL)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 19.50 | 19.95 | 20.20 | 19.35 | 0.116 times |
28 Thu Mar 2024 | 19.65 | 22.20 | 22.90 | 17.90 | 0.58 times |
29 Thu Feb 2024 | 22.20 | 22.40 | 24.95 | 19.80 | 0.671 times |
31 Wed Jan 2024 | 21.95 | 16.90 | 23.20 | 16.10 | 2.515 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 Global (MGEL)
Price action analysis of Mangalam Global ( (MGEL) ) 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mangalam Global ( (MGEL) ) 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 Global stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mangalam Global in short term and the sell signal is strong.
Mangalam Global 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 Global 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
Stock of Mangalam Global is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.2 and Mangalam Global (MGEL) 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 Global (MGEL) stock. Volume based technical analysis of Mangalam Global (MGEL) stock is negative.
Mangalam Global 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.
Price action analysis of Mangalam Global ( (MGEL) ) 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mangalam Global ( (MGEL) ) 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 Global stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mangalam Global in short term and the sell signal is strong.
Mangalam Global 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 Global 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
Stock of Mangalam Global is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.2 and Mangalam Global (MGEL) 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 Global (MGEL) stock. Volume based technical analysis of Mangalam Global (MGEL) stock is negative.
Mangalam Global 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.
Click here for Mangalam Global charts
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Daily charts
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