(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)
Showing technical analysis as on 2023-03-16 View latest technical analysis
10 day averaged volume of Mgl is 51409
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Mar 2023 | 986.80 | 958.90 | 991.40 | 958.90 | 0.521 times |
| 15 Wed Mar 2023 | 973.75 | 986.80 | 986.85 | 966.55 | 0.455 times |
| 14 Tue Mar 2023 | 978.00 | 990.35 | 1002.05 | 971.70 | 0.829 times |
| 13 Mon Mar 2023 | 988.95 | 980.05 | 1007.00 | 980.05 | 1.039 times |
| 10 Fri Mar 2023 | 985.45 | 997.25 | 997.25 | 977.25 | 0.468 times |
| 09 Thu Mar 2023 | 996.65 | 989.95 | 1006.00 | 984.90 | 0.79 times |
| 08 Wed Mar 2023 | 986.60 | 986.10 | 995.10 | 977.00 | 1.678 times |
| 06 Mon Mar 2023 | 986.35 | 926.00 | 990.00 | 918.00 | 3.972 times |
| 03 Fri Mar 2023 | 906.60 | 906.20 | 917.20 | 902.15 | 0.372 times |
| 02 Thu Mar 2023 | 898.20 | 909.00 | 909.00 | 896.40 | 0.109 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 976.4, but if it comes below 976.4, then a intra day sell could be more profitable.
If you take a sell trade below 976.4, then use 976.4 as stoploss and 929.48 as target. However if you take a buy trade in stock , then use 976.4 as stoploss and 1032.7 as target.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 811.05 |
| Downside Target | 831.00 |
| Downside Target | 864.65 |
| Downside Target | 892.00 |
| Downside Target | 922.00 |
| Downside Target | 922.75 |
| Downside Target | 931.45 |
| Downside Target | 958.90 |
| Upside Target | 1006.00 |
| Upside Target | 1007.00 |
Intraday share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Intraday Target | 961.47 |
| Downside Intraday Target | 936.13 |
| Upside Intraday Target | 1009.57 |
| Upside Intraday Target | 1032.33 |
| Downside Intraday Target | 984.23 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Mar 2023 | 986.80 | 980.05 | 1007.00 | 958.90 | 0.412 times |
| 10 Fri Mar 2023 | 985.45 | 926.00 | 1006.00 | 918.00 | 5.578 times |
| 03 Fri Mar 2023 | 906.60 | 880.00 | 917.20 | 867.60 | 1.476 times |
| 24 Fri Feb 2023 | 880.00 | 888.00 | 903.65 | 864.65 | 0.365 times |
| 17 Fri Feb 2023 | 886.15 | 907.90 | 931.45 | 869.20 | 2.149 times |
Price has moved up 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 |
| 16 Thu Mar 2023 | 986.80 | 894.90 | 1007.00 | 892.00 | 1.839 times |
| 28 Tue Feb 2023 | 895.95 | 890.00 | 931.45 | 831.00 | 1.696 times |
| 31 Tue Jan 2023 | 883.85 | 836.35 | 892.90 | 833.85 | 0.606 times |
| 30 Fri Dec 2022 | 838.60 | 903.05 | 922.75 | 811.05 | 0.591 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mgl ( (Mgl) ) based on a short to mid 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 Mgl ( (Mgl) ) 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 Mgl stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mgl in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgl Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mgl 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 Mgl is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 982.35 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mgl (Mgl) stock. Volume based technical analysis of Mgl (Mgl) stock is negative.
Mgl Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mgl ( (Mgl) ) based on a short to mid 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 Mgl ( (Mgl) ) 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 Mgl stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mgl in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgl Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mgl 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 Mgl is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 982.35 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mgl (Mgl) stock. Volume based technical analysis of Mgl (Mgl) stock is negative.
Mgl Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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