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(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 2024-10-22 View latest technical analysis

10 day averaged volume of Mangalam Global is 2585035

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	26.08	27.89	28.80	25.71	0.255 times
21 Mon Oct 2024	27.67	27.45	28.89	26.52	0.204 times
16 Tue Jul 2024	29.14	29.00	30.43	28.00	0.618 times
15 Mon Jul 2024	28.13	29.02	29.23	27.57	0.155 times
12 Fri Jul 2024	29.02	31.00	31.29	28.92	0.282 times
11 Thu Jul 2024	30.64	27.73	32.00	27.13	0.93 times
10 Wed Jul 2024	27.26	28.00	28.20	24.15	0.415 times
09 Tue Jul 2024	27.95	28.06	29.26	27.56	0.35 times
08 Mon Jul 2024	28.17	28.50	29.64	27.25	1.34 times
05 Fri Jul 2024	27.03	28.30	29.30	26.40	2.527 times

My analysis of stock is bullish for shortterm, and stock might move up till 28.4 or till 32.5. Use a stoploss of 24.99 and if this stock hits its stoploss, then it can fall down till 21.57

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	17.50
Downside Target	18.50
Downside Target	19.90
Downside Target	22.50
Downside Target	24.15
Downside Target	25.70
Upside Target	26.40
Upside Target	27.57
Upside Target	28.89
Upside Target	29.30
Upside Target	30.43
Upside Target	32.00

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	24.9
Downside Intraday Target	23.71
Upside Intraday Target	28.08
Upside Intraday Target	30.07
Upside Intraday Target	26.89

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	26.08	27.45	28.89	25.71	0.594 times
16 Tue Jul 2024	29.14	29.02	30.43	27.57	0.233 times
12 Fri Jul 2024	29.02	28.50	32.00	24.15	0.399 times
05 Fri Jul 2024	27.03	22.70	29.30	20.25	2.811 times
28 Fri Jun 2024	22.36	20.92	22.50	20.35	1.234 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
22 Tue Oct 2024	26.08	27.45	28.89	25.71	0.037 times
16 Tue Jul 2024	29.14	22.70	32.00	20.25	1.951 times
28 Fri Jun 2024	22.36	20.40	22.75	18.50	2.855 times
31 Fri May 2024	20.60	25.70	25.70	19.90	0.693 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 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 Global ( (MGEL) ) 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 Global ( (MGEL) ) based on a mid to longer 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.

ADX buy sell signal for Mangalam Global stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mangalam Global in short term and the buy signal is strong.

Mangalam Global 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 green color and prices are in or below the green 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 but buying is losing 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 Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.05 and Mangalam Global (MGEL) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.