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(MGEL_BE) Mangalam Global complete technical analysis [charts+indicators] | Buy/Sell Mangalam Global | (MGEL_BE) share price targets

Complete technical analysis of Mangalam Global (MGEL_BE) by charts plus indicators, forecast predictions and share price targets for Mangalam Global (MGEL_BE)

10 day averaged volume of Mangalam Global is 138313

Date Daily Closing Price Open High Low Volume
20 Fri Oct 2023 15.85 15.80 16.00 15.50 0.312 times
19 Thu Oct 2023 15.55 14.80 15.65 14.60 0.492 times
18 Wed Oct 2023 14.95 15.35 15.40 14.65 0.433 times
17 Tue Oct 2023 15.40 15.60 15.60 15.05 0.338 times
16 Mon Oct 2023 15.60 16.80 17.00 15.45 1.227 times
13 Fri Oct 2023 16.25 17.00 17.00 15.80 0.6 times
12 Thu Oct 2023 16.30 16.20 16.80 15.50 0.824 times
11 Wed Oct 2023 16.15 15.70 16.20 14.95 1.726 times
10 Tue Oct 2023 15.70 14.60 15.75 14.45 2.205 times
09 Mon Oct 2023 15.20 16.00 16.40 15.20 0.726 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 15.9 as stoploss in an intra day sell trade for a target of 14.98. However, stock will show a bullish move above 15.9.

Share price targets for Mangalam Global (MGEL_BE)

Target Type Value
Downside Target 12.65
Downside Target 13.25
Downside Target 14.30
Downside Target 15.30
Upside Target 16.00
Upside Target 16.90
Upside Target 17.00
Upside Target 17.75
Upside Target 18.55
Upside Target 20.00
Upside Target 21.35
Upside Target 22.40

Intraday share price targets for Mangalam Global (MGEL_BE)

Target Type Value
Downside Intraday Target 14.63
Downside Intraday Target 13.42
Upside Intraday Target 17.03
Upside Intraday Target 18.22
Downside Intraday Target 15.82

Weekly technical analysis of Mangalam Global (MGEL_BE)

Date Weekly Closing Price Open High Low Volume
20 Fri Oct 2023 15.85 16.80 17.00 14.60 0.461 times
13 Fri Oct 2023 16.25 16.00 17.00 14.45 0.756 times
06 Fri Oct 2023 16.00 13.60 16.00 12.65 5.805 times
29 Fri Sep 2023 13.25 14.30 14.30 13.25 1.991 times
22 Fri Sep 2023 14.30 15.30 15.30 14.30 0.456 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_BE)

Date Monthly Closing Price Open High Low Volume
20 Fri Oct 2023 15.85 13.60 17.00 12.65 3.532 times
29 Fri Sep 2023 13.25 17.75 17.75 13.25 0.441 times
31 Thu Aug 2023 18.10 18.95 21.35 16.95 1.331 times
31 Mon Jul 2023 18.55 19.85 20.00 16.90 0.814 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mangalam Global (MGEL_BE)

Price action analysis of Mangalam Global ( (MGEL_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 BUY. 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Global in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 15.77 and Mangalam Global (MGEL_BE) 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_BE) stock. Volume based technical analysis of Mangalam Global (MGEL_BE) 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.

Price action analysis of Mangalam Global ( (MGEL_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 BUY. 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Global in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 15.77 and Mangalam Global (MGEL_BE) 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_BE) stock. Volume based technical analysis of Mangalam Global (MGEL_BE) 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.

Click here for Mangalam Global charts

Click here for further forecast and predictions for tomorrow

Daily charts

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