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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 2025-01-06 View latest technical analysis

10 day averaged volume of Mangalam Global is 644709

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	27.42	29.61	30.38	26.70	1.207 times
03 Fri Jan 2025	29.08	29.50	30.00	28.95	0.823 times
02 Thu Jan 2025	29.42	28.60	30.20	27.50	1.964 times
01 Wed Jan 2025	27.96	28.35	29.60	27.70	1.43 times
31 Tue Dec 2024	28.51	27.32	28.95	27.20	1.76 times
30 Mon Dec 2024	27.74	26.03	28.41	25.88	2.149 times
27 Fri Dec 2024	26.03	25.90	26.50	25.05	0.26 times
26 Thu Dec 2024	25.87	24.89	26.04	24.89	0.317 times
24 Tue Dec 2024	25.22	25.31	25.99	25.01	0.286 times
23 Mon Dec 2024	24.94	24.50	26.25	24.47	0.538 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.6 as stoploss in an intra day sell trade for a target of 25.64. However, stock will show a bullish move above 27.6.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	20.25
Downside Target	21.28
Downside Target	22.42
Downside Target	24.39
Downside Target	25.88
Downside Target	27.01
Upside Target	28.89
Upside Target	28.95
Upside Target	30.20
Upside Target	30.38
Upside Target	32.00

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	25.95
Downside Intraday Target	24.49
Upside Intraday Target	29.63
Upside Intraday Target	31.85
Upside Intraday Target	28.17

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	27.42	29.61	30.38	26.70	0.149 times
03 Fri Jan 2025	29.08	26.03	30.20	25.88	5.803 times
27 Fri Dec 2024	26.03	24.50	26.50	24.47	0.278 times
20 Fri Dec 2024	24.40	23.75	27.01	23.00	6.063 times
13 Fri Dec 2024	23.39	24.39	24.39	22.42	0.911 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
06 Mon Jan 2025	27.42	28.35	30.38	26.70	0.448 times
31 Tue Dec 2024	28.51	24.69	28.95	22.42	2.444 times
29 Fri Nov 2024	24.23	24.50	26.10	21.28	1.062 times
31 Thu Oct 2024	24.20	27.45	28.89	22.71	0.094 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.

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 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 27.97 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 is giving positive 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.