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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 2025-05-02 View latest technical analysis

10 day averaged volume of Mangalam Global is 821120

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri May 2025	13.04	12.89	13.38	12.70	0.779 times
30 Wed Apr 2025	12.89	13.50	13.64	12.85	0.738 times
29 Tue Apr 2025	13.48	13.60	13.86	13.21	0.149 times
28 Mon Apr 2025	13.59	13.00	13.80	12.26	0.386 times
25 Fri Apr 2025	13.15	13.84	13.90	12.96	0.895 times
24 Thu Apr 2025	13.83	14.80	14.90	13.66	1.138 times
23 Wed Apr 2025	14.90	15.10	15.25	14.75	1.289 times
22 Tue Apr 2025	14.94	14.40	15.05	14.06	1.43 times
21 Mon Apr 2025	14.45	14.02	14.60	14.02	0.453 times
17 Thu Apr 2025	14.23	15.00	15.90	14.14	1.677 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.1, but if it comes above 13.1, then a intra day buy could be more profitable.
If you take a sell trade below 13.1, then use 13.1 as stoploss and 12.1 as target. However if you take a buy trade in stock , then use 13.1 as stoploss and 13.92 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	11.70
Downside Target	12.26
Downside Target	12.70
Downside Target	12.96
Upside Target	13.86
Upside Target	15.25
Upside Target	15.87
Upside Target	15.90
Upside Target	23.24
Upside Target	23.49
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	12.25
Downside Intraday Target	11.45
Upside Intraday Target	13.85
Upside Intraday Target	14.65
Upside Intraday Target	13.05

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri May 2025	13.04	13.00	13.86	12.26	0.394 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
02 Fri May 2025	13.04	12.89	13.38	12.70	0.035 times
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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 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 moving up

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 and selling is picking up 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 14.04 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.