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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 2025-03-12 View latest technical analysis

10 day averaged volume of Mangalam Global is 956242

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	14.83	15.04	15.38	14.20	0.532 times
11 Tue Mar 2025	14.97	15.78	15.78	13.96	2.033 times
10 Mon Mar 2025	15.70	16.30	16.99	15.50	1.321 times
07 Fri Mar 2025	15.98	15.89	16.35	14.89	1.811 times
06 Thu Mar 2025	15.62	16.00	16.18	15.45	0.44 times
05 Wed Mar 2025	16.03	15.70	16.60	14.50	0.891 times
04 Tue Mar 2025	15.80	14.59	16.00	14.50	0.893 times
03 Mon Mar 2025	28.52	28.64	29.67	26.65	0.481 times
28 Fri Feb 2025	28.07	30.12	30.71	27.67	0.303 times
27 Thu Feb 2025	29.68	30.75	31.89	29.50	0.866 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.3, but if it comes above 17.3, then a intra day buy could be more profitable.
If you take a sell trade below 17.3, then use 17.3 as stoploss and 10.2 as target. However if you take a buy trade in stock , then use 17.3 as stoploss and 23.2 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	13.96
Downside Target	14.50
Upside Target	16.99
Upside Target	21.28
Upside Target	22.42
Upside Target	23.24
Upside Target	24.14
Upside Target	26.10
Upside Target	27.50
Upside Target	28.95
Upside Target	29.67
Upside Target	29.99
Upside Target	32.20
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	13.53
Downside Intraday Target	12.23
Upside Intraday Target	16.56
Upside Intraday Target	18.29
Upside Intraday Target	15.26

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	14.83	16.30	16.99	13.96	0.861 times
07 Fri Mar 2025	15.98	28.64	29.67	14.50	1.065 times
28 Fri Feb 2025	28.07	28.64	32.20	27.50	1.722 times
21 Fri Feb 2025	28.38	24.87	29.50	23.24	1.746 times
14 Fri Feb 2025	24.87	28.35	29.99	24.14	0.555 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
12 Wed Mar 2025	14.83	28.64	29.67	13.96	0.788 times
28 Fri Feb 2025	28.07	26.00	32.20	23.24	0.524 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

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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mangalam Global stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mangalam Global in short term and the sell signal is strong.

Mangalam Global Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Mangalam Global in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 17.89 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 negative.

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