(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 2023-09-21 View latest technical analysis
10 day averaged volume of Mgl is 22451
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Sep 2023 | 1020.45 | 1039.85 | 1041.15 | 1013.55 | 0.416 times |
| 20 Wed Sep 2023 | 1039.85 | 1051.05 | 1063.00 | 1035.00 | 0.626 times |
| 18 Mon Sep 2023 | 1055.90 | 1059.75 | 1063.00 | 1049.20 | 0.596 times |
| 15 Fri Sep 2023 | 1052.45 | 1049.95 | 1055.45 | 1039.95 | 0.437 times |
| 14 Thu Sep 2023 | 1044.75 | 1033.40 | 1045.85 | 1032.65 | 0.563 times |
| 13 Wed Sep 2023 | 1030.90 | 1009.30 | 1036.45 | 1005.00 | 0.549 times |
| 12 Tue Sep 2023 | 1014.60 | 1055.05 | 1061.10 | 1012.65 | 2.049 times |
| 11 Mon Sep 2023 | 1052.05 | 1060.00 | 1062.85 | 1048.55 | 0.85 times |
| 08 Fri Sep 2023 | 1056.20 | 1054.85 | 1060.75 | 1053.80 | 0.556 times |
| 07 Thu Sep 2023 | 1053.50 | 1076.00 | 1076.00 | 1048.35 | 0.99 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1016 as stoploss in an intra day buy trade for a target of 1034.39. However, stock will show a bearish move below 1016.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 971.10 |
| Upside Target | 1044.30 |
| Upside Target | 1062.85 |
| Upside Target | 1063.00 |
| 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 | 1001.67 |
| Downside Intraday Target | 982.88 |
| Upside Intraday Target | 1051.12 |
| Upside Intraday Target | 1081.78 |
| Upside Intraday Target | 1032.33 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Sep 2023 | 1020.45 | 1059.75 | 1063.00 | 1013.55 | 0.368 times |
| 15 Fri Sep 2023 | 1052.45 | 1060.00 | 1062.85 | 1005.00 | 0.873 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 |
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 |
| 21 Thu Sep 2023 | 1020.45 | 1020.05 | 1077.00 | 1005.00 | 0.347 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgl stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgl in short term and the sell 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. 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
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 1038.03 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgl stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgl in short term and the sell 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. 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
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 1038.03 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.
Click here for further forecast and predictions for tomorrow