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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 2023-09-11 View latest technical analysis

10 day averaged volume of Mgl is 17700

Date Daily Closing Price Open High Low Volume
11 Mon Sep 2023 1052.05 1060.00 1062.85 1048.55 1.078 times
08 Fri Sep 2023 1056.20 1054.85 1060.75 1053.80 0.705 times
07 Thu Sep 2023 1053.50 1076.00 1076.00 1048.35 1.256 times
06 Wed Sep 2023 1073.80 1039.95 1077.00 1039.85 3.532 times
05 Tue Sep 2023 1032.85 1032.00 1041.65 1029.00 0.654 times
04 Mon Sep 2023 1030.75 1030.90 1038.50 1024.40 0.317 times
01 Fri Sep 2023 1030.15 1020.05 1035.00 1015.40 0.536 times
31 Thu Aug 2023 1023.40 1025.25 1031.05 1017.10 0.271 times
30 Wed Aug 2023 1026.15 1020.10 1032.00 1014.00 1.176 times
29 Tue Aug 2023 1026.65 1015.80 1031.00 1014.05 0.651 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1044.3, but if it comes below 1044.3, then a intra day sell could be more profitable.
If you take a sell trade below 1044.3, then use 1044.3 as stoploss and 1017.12 as target. However if you take a buy trade in stock , then use 1044.3 as stoploss and 1077 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 971.10
Downside Target 1044.30
Downside Target 1048.55
Upside Target 1062.85
Upside Target 1077.00
Upside Target 1079.50
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 1046.12
Downside Intraday Target 1040.18
Upside Intraday Target 1060.42
Upside Intraday Target 1068.78
Upside Intraday Target 1054.48

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
11 Mon Sep 2023 1052.05 1060.00 1062.85 1048.55 0.167 times
08 Fri Sep 2023 1056.20 1030.90 1077.00 1024.40 1.827 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

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
11 Mon Sep 2023 1052.05 1020.05 1077.00 1015.40 0.19 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 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 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 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 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 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 but selling 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 1051.63 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 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 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 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 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 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 but selling 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 1051.63 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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