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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 2025-01-21 View latest technical analysis

10 day averaged volume of Mangalam Global is 1418856

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	27.77	29.10	29.23	27.58	0.224 times
20 Mon Jan 2025	28.93	29.30	30.40	28.52	0.403 times
17 Fri Jan 2025	28.88	28.00	30.06	27.43	0.243 times
16 Thu Jan 2025	28.22	27.50	28.60	27.29	0.226 times
15 Wed Jan 2025	27.09	27.79	27.84	26.68	0.136 times
14 Tue Jan 2025	27.42	27.04	28.75	26.83	0.577 times
13 Mon Jan 2025	26.60	28.31	28.85	26.26	0.421 times
10 Fri Jan 2025	28.61	30.24	30.74	28.24	0.971 times
09 Thu Jan 2025	30.56	29.40	33.48	29.20	5.429 times
08 Wed Jan 2025	28.95	29.45	31.00	28.75	0.828 times

My analysis of stock is bearish for shortterm, and stock might move down till 26.7 or till 25.1. Use a stoploss of 28 and if the stock hits stoploss, then it can shoot up till 29.34

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	20.25
Downside Target	21.28
Downside Target	22.42
Downside Target	24.47
Downside Target	25.88
Downside Target	27.58
Upside Target	28.89
Upside Target	30.06
Upside Target	30.20
Upside Target	30.40
Upside Target	32.00
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	26.77
Downside Intraday Target	25.76
Upside Intraday Target	29.59
Upside Intraday Target	31.4
Upside Intraday Target	28.58

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	27.77	29.30	30.40	27.58	0.392 times
17 Fri Jan 2025	28.88	28.31	30.06	26.26	0.188 times
10 Fri Jan 2025	28.61	29.61	33.48	26.70	2.314 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

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
21 Tue Jan 2025	27.77	28.35	33.48	26.26	2.308 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, and volume has increased substantially. This means that the move can 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 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 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 short to mid 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 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 SELL signal for Mangalam Global in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 negative zone. This is the SELL 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 29.57 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 positive

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