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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 2023-09-07 View latest technical analysis

10 day averaged volume of Mgl is 29054

Date Daily Closing Price Open High Low Volume
07 Thu Sep 2023 1053.50 1076.00 1076.00 1048.35 0.765 times
06 Wed Sep 2023 1073.80 1039.95 1077.00 1039.85 2.151 times
05 Tue Sep 2023 1032.85 1032.00 1041.65 1029.00 0.398 times
04 Mon Sep 2023 1030.75 1030.90 1038.50 1024.40 0.193 times
01 Fri Sep 2023 1030.15 1020.05 1035.00 1015.40 0.326 times
31 Thu Aug 2023 1023.40 1025.25 1031.05 1017.10 0.165 times
30 Wed Aug 2023 1026.15 1020.10 1032.00 1014.00 0.716 times
29 Tue Aug 2023 1026.65 1015.80 1031.00 1014.05 0.396 times
28 Mon Aug 2023 1015.75 1004.05 1022.70 1003.80 0.551 times
25 Fri Aug 2023 1009.75 991.15 1015.35 991.15 2.337 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1038, but if it comes below 1038, then a intra day sell could be more profitable.
If you take a sell trade below 1038, then use 1038 as stoploss and 1013.58 as target. However if you take a buy trade in stock , then use 1038 as stoploss and 1067.3 as target.

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 1026.27
Downside Intraday Target 999.03
Upside Intraday Target 1078.87
Upside Intraday Target 1104.23
Downside Intraday Target 1051.63

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
07 Thu Sep 2023 1053.50 1030.90 1077.00 1024.40 1.628 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mgl (Mgl)

Date Monthly Closing Price Open High Low Volume
07 Thu Sep 2023 1053.50 1020.05 1077.00 1015.40 0.148 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mgl in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1036.65 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mgl in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1036.65 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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Daily chart
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