Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

10 day averaged volume of Mgl is 18706

Date Daily Closing Price Open High Low Volume
13 Mon May 2024 1285.20 1303.05 1331.35 1269.95 1.418 times
10 Fri May 2024 1301.80 1312.60 1334.95 1257.20 2.89 times
09 Thu May 2024 1329.85 1379.95 1399.00 1324.30 0.944 times
08 Wed May 2024 1378.85 1336.40 1396.50 1330.00 1.516 times
07 Tue May 2024 1336.90 1418.45 1418.45 1330.30 1.497 times
06 Mon May 2024 1413.25 1429.55 1443.65 1402.85 0.556 times
03 Fri May 2024 1429.50 1461.50 1473.95 1416.25 0.411 times
02 Thu May 2024 1455.80 1440.05 1468.05 1440.05 0.295 times
30 Tue Apr 2024 1442.75 1442.65 1473.25 1438.40 0.79 times
29 Mon Apr 2024 1442.80 1478.30 1478.30 1432.60 0.51 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1289, for a target of 1351.7 or 1403.84

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1169.95
Downside Target 1202.00
Downside Target 1257.20
Upside Target 1331.35
Upside Target 1365.60
Upside Target 1405.50
Upside Target 1473.95
Upside Target 1484.00
Upside Target 1488.30
Upside Target 1495.10
Upside Target 1558.85
Upside Target 1579.00

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1259.65
Downside Intraday Target 1234.1
Upside Intraday Target 1321.05
Upside Intraday Target 1356.9
Upside Intraday Target 1295.5

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
13 Mon May 2024 1285.20 1303.05 1331.35 1269.95 0.192 times
10 Fri May 2024 1301.80 1429.55 1443.65 1257.20 3.691 times
03 Fri May 2024 1429.50 1478.30 1478.30 1416.25 0.594 times
26 Fri Apr 2024 1460.75 1395.25 1495.10 1371.00 0.545 times
19 Fri Apr 2024 1392.45 1401.05 1484.00 1368.40 1.736 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 Mgl (Mgl)

Date Monthly Closing Price Open High Low Volume
13 Mon May 2024 1285.20 1440.05 1473.95 1257.20 0.479 times
30 Tue Apr 2024 1442.75 1377.25 1495.10 1365.60 0.531 times
28 Thu Mar 2024 1363.50 1490.00 1579.00 1202.00 1.602 times
29 Thu Feb 2024 1485.80 1489.85 1558.85 1405.50 0.584 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 Mgl (Mgl)

Price action analysis of Mgl ( (Mgl) ) 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 Mgl ( (Mgl) ) 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 Mgl ( (Mgl) ) 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 Mgl ( (Mgl) ) 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 Mgl stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Mgl 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 Mgl 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

Stock of Mgl is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1349.4 and Mgl (Mgl) 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 Mgl (Mgl) stock. Volume based technical analysis of Mgl (Mgl) stock is negative.

Mgl 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 Mgl ( (Mgl) ) 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 Mgl ( (Mgl) ) 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 Mgl ( (Mgl) ) 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 Mgl ( (Mgl) ) 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 Mgl stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Mgl 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 Mgl 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

Stock of Mgl is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1349.4 and Mgl (Mgl) 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 Mgl (Mgl) stock. Volume based technical analysis of Mgl (Mgl) stock is negative.

Mgl 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 Mgl charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme