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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 2025-04-30 View latest technical analysis

10 day averaged volume of Mangalam Global is 958004

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Apr 2025	12.89	13.50	13.64	12.85	0.633 times
29 Tue Apr 2025	13.48	13.60	13.86	13.21	0.128 times
28 Mon Apr 2025	13.59	13.00	13.80	12.26	0.331 times
25 Fri Apr 2025	13.15	13.84	13.90	12.96	0.767 times
24 Thu Apr 2025	13.83	14.80	14.90	13.66	0.976 times
23 Wed Apr 2025	14.90	15.10	15.25	14.75	1.105 times
22 Tue Apr 2025	14.94	14.40	15.05	14.06	1.226 times
21 Mon Apr 2025	14.45	14.02	14.60	14.02	0.389 times
17 Thu Apr 2025	14.23	15.00	15.90	14.14	1.437 times
16 Wed Apr 2025	15.02	14.85	15.36	14.70	1.58 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.2, but if it comes above 13.2, then a intra day buy could be more profitable.
If you take a sell trade below 13.2, then use 13.2 as stoploss and 12.2 as target. However if you take a buy trade in stock , then use 13.2 as stoploss and 14.02 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	11.70
Downside Target	12.26
Upside Target	12.96
Upside Target	13.86
Upside Target	15.25
Upside Target	15.87
Upside Target	22.42
Upside Target	23.24
Upside Target	23.49
Upside Target	28.95
Upside Target	29.67
Upside Target	32.20
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	12.15
Downside Intraday Target	11.4
Upside Intraday Target	13.75
Upside Intraday Target	14.6
Upside Intraday Target	13

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Apr 2025	12.89	13.00	13.86	12.26	0.245 times
25 Fri Apr 2025	13.15	14.02	15.25	12.96	0.878 times
17 Thu Apr 2025	14.23	13.25	15.90	13.25	1.85 times
11 Fri Apr 2025	13.06	11.84	13.50	11.70	0.479 times
04 Fri Apr 2025	13.74	15.18	15.87	13.30	1.368 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
30 Wed Apr 2025	12.89	15.18	15.90	11.70	1.19 times
28 Fri Mar 2025	15.14	28.64	29.67	13.21	1.51 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

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 BUY signal for Mangalam Global in short term but the buy signal is initial and weak.

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 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 14.3 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.