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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 2025-02-11 View latest technical analysis

10 day averaged volume of Mangalam Global is 358655

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	25.79	28.66	29.30	24.69	1.146 times
10 Mon Feb 2025	28.66	28.35	29.99	28.01	1.306 times
07 Fri Feb 2025	28.19	29.13	29.20	27.90	0.335 times
06 Thu Feb 2025	29.07	28.95	29.60	27.75	1.321 times
05 Wed Feb 2025	28.88	29.39	30.00	28.23	1.896 times
04 Tue Feb 2025	29.01	26.83	29.30	26.83	1.414 times
03 Mon Feb 2025	27.22	26.00	28.10	25.25	1.815 times
31 Fri Jan 2025	24.05	24.23	25.01	23.50	0.558 times
30 Thu Jan 2025	24.22	24.60	24.72	24.02	0.326 times
29 Wed Jan 2025	24.08	23.96	24.89	23.76	0.393 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 25.1 as stoploss in an intra day buy trade for a target of 26.97. However, stock will show a bearish move below 25.1.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	21.28
Downside Target	22.42
Downside Target	23.49
Downside Target	24.69
Downside Target	25.25
Upside Target	26.10
Upside Target	27.26
Upside Target	28.89
Upside Target	29.99
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	23.66
Downside Intraday Target	21.52
Upside Intraday Target	28.96
Upside Intraday Target	32.12
Upside Intraday Target	26.82

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	25.79	28.35	29.99	24.69	0.362 times
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

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
11 Tue Feb 2025	25.79	26.00	30.00	24.69	0.17 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 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 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 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 SELL. 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 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 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 27.67 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 negative.

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