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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 2023-09-28 View latest technical analysis

10 day averaged volume of Mgl is 10192

Date Daily Closing Price Open High Low Volume
28 Thu Sep 2023 1010.35 1018.00 1023.70 1004.50 12.06 times
27 Wed Sep 2023 1020.15 1027.05 1028.25 1013.55 0.454 times
26 Tue Sep 2023 1029.10 1012.70 1041.60 1012.70 1.179 times
25 Mon Sep 2023 1012.70 1010.15 1021.35 1004.30 0.353 times
22 Fri Sep 2023 1020.15 1015.05 1031.45 1010.90 0.994 times
21 Thu Sep 2023 1020.45 1039.85 1041.15 1013.55 0.917 times
20 Wed Sep 2023 1039.85 1051.05 1063.00 1035.00 1.378 times
18 Mon Sep 2023 1055.90 1059.75 1063.00 1049.20 1.314 times
15 Fri Sep 2023 1052.45 1049.95 1055.45 1039.95 0.962 times
14 Thu Sep 2023 1044.75 1033.40 1045.85 1032.65 1.24 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1018.1, but if it comes above 1018.1, then a intra day buy could be more profitable.
If you take a sell trade below 1018.1, then use 1018.1 as stoploss and 997.6 as target. However if you take a buy trade in stock , then use 1018.1 as stoploss and 1035.2 as target.

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 995.9
Downside Intraday Target 981.45
Upside Intraday Target 1033.2
Upside Intraday Target 1056.05
Upside Intraday Target 1018.75

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
28 Thu Sep 2023 1010.35 1010.15 1041.60 1004.30 3.052 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, 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
28 Thu Sep 2023 1010.35 1020.05 1077.00 1004.30 0.551 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 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 1021.38 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 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 1021.38 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

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