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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 2025-02-07 View latest technical analysis

10 day averaged volume of Mangalam Global is 347308

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	28.19	29.13	29.20	27.90	0.346 times
06 Thu Feb 2025	29.07	28.95	29.60	27.75	1.364 times
05 Wed Feb 2025	28.88	29.39	30.00	28.23	1.958 times
04 Tue Feb 2025	29.01	26.83	29.30	26.83	1.461 times
03 Mon Feb 2025	27.22	26.00	28.10	25.25	1.874 times
31 Fri Jan 2025	24.05	24.23	25.01	23.50	0.576 times
30 Thu Jan 2025	24.22	24.60	24.72	24.02	0.336 times
29 Wed Jan 2025	24.08	23.96	24.89	23.76	0.406 times
28 Tue Jan 2025	23.96	24.80	25.50	23.49	0.658 times
27 Mon Jan 2025	24.57	26.99	27.26	24.19	0.874 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 28.7 as stoploss in an intra day sell trade for a target of 26.95. However, stock will show a bullish move above 28.7.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	21.28
Downside Target	22.42
Downside Target	23.49
Downside Target	25.25
Downside Target	26.10
Downside Target	27.26
Upside Target	28.89
Upside Target	30.00
Upside Target	30.06
Upside Target	30.40
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	25.63
Downside Intraday Target	23.06
Upside Intraday Target	30.38
Upside Intraday Target	32.56
Downside Intraday Target	27.81

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	28.19	26.00	30.00	25.25	2.457 times
31 Fri Jan 2025	24.05	26.99	27.26	23.49	0.739 times
24 Fri Jan 2025	26.88	29.30	30.40	26.57	0.589 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Global (MGEL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	28.19	26.00	30.00	25.25	0.125 times
31 Fri Jan 2025	24.05	28.35	33.48	23.49	2.492 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

Scroll below to view daily charts

Price has moved up 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 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 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 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.

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

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 red color and prices are in or above the red 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 27.24 and Mangalam Global (MGEL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.