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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 2023-09-27 View latest technical analysis

10 day averaged volume of Mgl is 14330

Date Daily Closing Price Open High Low Volume
27 Wed Sep 2023 1020.15 1027.05 1028.25 1013.55 0.323 times
26 Tue Sep 2023 1029.10 1012.70 1041.60 1012.70 0.839 times
25 Mon Sep 2023 1012.70 1010.15 1021.35 1004.30 0.251 times
22 Fri Sep 2023 1020.15 1015.05 1031.45 1010.90 0.707 times
21 Thu Sep 2023 1020.45 1039.85 1041.15 1013.55 0.652 times
20 Wed Sep 2023 1039.85 1051.05 1063.00 1035.00 0.98 times
18 Mon Sep 2023 1055.90 1059.75 1063.00 1049.20 0.934 times
15 Fri Sep 2023 1052.45 1049.95 1055.45 1039.95 0.684 times
14 Thu Sep 2023 1044.75 1033.40 1045.85 1032.65 0.882 times
13 Wed Sep 2023 1030.90 1009.30 1036.45 1005.00 0.861 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 1019.7 as stoploss in an intra day buy trade for a target of 1035.99. However, stock will show a bearish move below 1019.7.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 971.10
Downside Target 991.05
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 1002.43
Downside Intraday Target 984.72
Upside Intraday Target 1039.73
Upside Intraday Target 1059.32
Upside Intraday Target 1022.02

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
27 Wed Sep 2023 1020.15 1010.15 1041.60 1004.30 0.432 times
22 Fri Sep 2023 1020.15 1059.75 1063.00 1010.90 0.47 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

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
27 Wed Sep 2023 1020.15 1020.05 1077.00 1004.30 0.388 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mgl ( (Mgl) ) based on a short 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.

Price action analysis of Mgl ( (Mgl) ) based on a short to mid 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.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Mgl in short term and the sell signal is strong.

Mgl Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1035.84 and Mgl (Mgl) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mgl ( (Mgl) ) based on a short 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.

Price action analysis of Mgl ( (Mgl) ) based on a short to mid 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.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Mgl in short term and the sell signal is strong.

Mgl Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1035.84 and Mgl (Mgl) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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

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Daily charts

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