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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 2023-09-06 View latest technical analysis

10 day averaged volume of Mgl is 24020

Date Daily Closing Price Open High Low Volume
06 Wed Sep 2023 1073.80 1039.95 1077.00 1039.85 2.602 times
05 Tue Sep 2023 1032.85 1032.00 1041.65 1029.00 0.482 times
04 Mon Sep 2023 1030.75 1030.90 1038.50 1024.40 0.234 times
01 Fri Sep 2023 1030.15 1020.05 1035.00 1015.40 0.395 times
31 Thu Aug 2023 1023.40 1025.25 1031.05 1017.10 0.2 times
30 Wed Aug 2023 1026.15 1020.10 1032.00 1014.00 0.867 times
29 Tue Aug 2023 1026.65 1015.80 1031.00 1014.05 0.48 times
28 Mon Aug 2023 1015.75 1004.05 1022.70 1003.80 0.666 times
25 Fri Aug 2023 1009.75 991.15 1015.35 991.15 2.827 times
24 Thu Aug 2023 997.90 996.95 1006.00 992.40 3.344 times

Stock of Mgl (Mgl) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1070, for a target of 1039.5 or 1014.12

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 971.10
Downside Target 1035.00
Downside Target 1044.30
Upside Target 1077.00
Upside Target 1079.50
Upside Target 1093.30
Upside Target 1104.80
Upside Target 1137.00
Upside Target 1144.75

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1039.8
Downside Intraday Target 1005.8
Upside Intraday Target 1092.4
Upside Intraday Target 1111
Downside Intraday Target 1058.4

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
06 Wed Sep 2023 1073.80 1030.90 1077.00 1024.40 1.273 times
01 Fri Sep 2023 1030.15 1004.05 1035.00 1003.80 0.185 times
25 Fri Aug 2023 1009.75 985.15 1015.35 981.20 7.006 times
18 Fri Aug 2023 980.35 998.95 998.95 971.40 0.401 times
11 Fri Aug 2023 1010.50 1077.40 1093.30 1008.00 0.533 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
06 Wed Sep 2023 1073.80 1020.05 1077.00 1015.40 0.119 times
31 Thu Aug 2023 1023.40 1122.00 1144.75 971.40 1.901 times
31 Mon Jul 2023 1118.00 1050.00 1137.00 1044.30 1.739 times
30 Fri Jun 2023 1048.75 1057.50 1079.50 991.05 0.368 times

Scroll below to view daily charts

Price has moved up 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 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 short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mgl stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mgl 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.

Mgl Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Mgl in short term and BUY 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 1024.65 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 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 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 short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mgl stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mgl 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.

Mgl Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Mgl in short term and BUY 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 1024.65 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 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

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