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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 2023-03-22 View latest technical analysis

10 day averaged volume of Mgl is 34660

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 979.15 971.00 988.15 971.00 0.175 times
21 Tue Mar 2023 987.00 985.90 999.20 980.10 0.822 times
20 Mon Mar 2023 970.80 964.75 987.95 963.95 0.202 times
17 Fri Mar 2023 984.30 998.95 998.95 978.00 0.402 times
16 Thu Mar 2023 986.80 958.90 991.40 958.90 0.773 times
15 Wed Mar 2023 973.75 986.80 986.85 966.55 0.676 times
14 Tue Mar 2023 978.00 990.35 1002.05 971.70 1.229 times
13 Mon Mar 2023 988.95 980.05 1007.00 980.05 1.542 times
10 Fri Mar 2023 985.45 997.25 997.25 977.25 0.694 times
09 Thu Mar 2023 996.65 989.95 1006.00 984.90 1.172 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 993 as stoploss in an intra day sell trade for a target of 946.01. However, stock will show a bullish move above 993.

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 922.75
Downside Target 931.45
Downside Target 958.90
Downside Target 963.95
Upside Target 999.20
Upside Target 1006.00
Upside Target 1007.00

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 962.33
Downside Intraday Target 945.52
Upside Intraday Target 997.58
Upside Intraday Target 1016.02
Upside Intraday Target 980.77

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 979.15 964.75 999.20 963.95 0.26 times
17 Fri Mar 2023 984.30 980.05 1007.00 958.90 0.451 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

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
22 Wed Mar 2023 979.15 894.90 1007.00 892.00 2.027 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mgl ( (Mgl) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Mgl in short term and the buy signal is strong.

Mgl 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 985.35 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mgl ( (Mgl) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Mgl in short term and the buy signal is strong.

Mgl 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 985.35 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 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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