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(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.

Click here for Mgl charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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