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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 2023-09-12 View latest technical analysis

10 day averaged volume of Mgl is 18009

Date Daily Closing Price Open High Low Volume
12 Tue Sep 2023 1014.60 1055.05 1061.10 1012.65 2.554 times
11 Mon Sep 2023 1052.05 1060.00 1062.85 1048.55 1.06 times
08 Fri Sep 2023 1056.20 1054.85 1060.75 1053.80 0.693 times
07 Thu Sep 2023 1053.50 1076.00 1076.00 1048.35 1.234 times
06 Wed Sep 2023 1073.80 1039.95 1077.00 1039.85 3.471 times
05 Tue Sep 2023 1032.85 1032.00 1041.65 1029.00 0.643 times
04 Mon Sep 2023 1030.75 1030.90 1038.50 1024.40 0.312 times
01 Fri Sep 2023 1030.15 1020.05 1035.00 1015.40 0.526 times
31 Thu Aug 2023 1023.40 1025.25 1031.05 1017.10 0.266 times
30 Wed Aug 2023 1026.15 1020.10 1032.00 1014.00 1.156 times

Stock of Mgl (Mgl) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 992.3 or till 960.9. Use a stoploss of 1018.58 and if the stock hits stoploss, then it can shoot up till 1044.82

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 971.10
Upside Target 1035.00
Upside Target 1044.30
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 997.22
Downside Intraday Target 979.83
Upside Intraday Target 1047.42
Upside Intraday Target 1080.23
Upside Intraday Target 1030.03

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
12 Tue Sep 2023 1014.60 1060.00 1062.85 1012.65 0.569 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
12 Tue Sep 2023 1014.60 1020.05 1077.00 1012.65 0.252 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 down 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mgl stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mgl in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1045.04 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mgl stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mgl in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1045.04 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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