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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 2025-02-13 View latest technical analysis

10 day averaged volume of Mangalam Global is 382031

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	25.67	26.23	26.33	25.54	0.297 times
12 Wed Feb 2025	25.98	25.60	26.43	24.84	0.503 times
11 Tue Feb 2025	25.79	28.66	29.30	24.69	1.076 times
10 Mon Feb 2025	28.66	28.35	29.99	28.01	1.226 times
07 Fri Feb 2025	28.19	29.13	29.20	27.90	0.314 times
06 Thu Feb 2025	29.07	28.95	29.60	27.75	1.24 times
05 Wed Feb 2025	28.88	29.39	30.00	28.23	1.78 times
04 Tue Feb 2025	29.01	26.83	29.30	26.83	1.328 times
03 Mon Feb 2025	27.22	26.00	28.10	25.25	1.704 times
31 Fri Jan 2025	24.05	24.23	25.01	23.50	0.523 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 as stoploss in an intra day buy trade for a target of 26.79. However, stock will show a bearish move below 25.

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	23.58
Downside Intraday Target	21.48
Upside Intraday Target	28.88
Upside Intraday Target	32.08
Upside Intraday Target	26.78

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	25.67	28.35	29.99	24.69	0.487 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
13 Thu Feb 2025	25.67	26.00	30.00	24.69	0.186 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mangalam Global in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 27.76 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.