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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 2025-05-19 View latest technical analysis

10 day averaged volume of Mangalam Global is 241925

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon May 2025	12.87	13.50	13.54	12.78	1.314 times
16 Fri May 2025	13.30	13.50	13.50	12.36	1.894 times
15 Thu May 2025	13.20	13.06	13.88	12.85	1.245 times
14 Wed May 2025	12.84	13.00	13.00	12.75	0.707 times
13 Tue May 2025	12.82	13.14	13.14	12.72	0.667 times
12 Mon May 2025	12.89	13.00	13.06	12.62	0.681 times
09 Fri May 2025	12.05	11.77	12.50	11.77	1.842 times
08 Thu May 2025	12.61	12.77	12.97	12.50	0.439 times
07 Wed May 2025	12.77	12.52	12.93	12.25	0.984 times
06 Tue May 2025	12.93	13.31	13.60	12.85	0.683 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 12.6 as stoploss in an intra day buy trade for a target of 13.3. However, stock will show a bearish move below 12.6.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	11.70
Downside Target	12.26
Downside Target	12.78
Upside Target	13.54
Upside Target	13.88
Upside Target	15.25
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	12.59
Downside Intraday Target	12.3
Upside Intraday Target	13.35
Upside Intraday Target	13.82
Upside Intraday Target	13.06

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon May 2025	12.87	13.50	13.54	12.78	0.253 times
16 Fri May 2025	13.30	13.00	13.88	12.36	1.081 times
09 Fri May 2025	12.05	12.85	13.65	11.77	0.69 times
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

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
19 Mon May 2025	12.87	12.89	13.88	11.77	0.184 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Global ( (MGEL) ) based on a short 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.

Price action analysis of Mangalam Global ( (MGEL) ) based on a short to mid 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 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 Weak and stock is losing 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 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 buy signal for Mangalam Global in short term and BUY 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 12.82 and Mangalam Global (MGEL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.