(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 2023-09-29 View latest technical analysis
10 day averaged volume of Mgl is 21250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Sep 2023 | 1029.00 | 1007.10 | 1031.00 | 1007.10 | 0.161 times |
| 28 Thu Sep 2023 | 1010.35 | 1018.00 | 1023.70 | 1004.50 | 5.784 times |
| 27 Wed Sep 2023 | 1020.15 | 1027.05 | 1028.25 | 1013.55 | 0.218 times |
| 26 Tue Sep 2023 | 1029.10 | 1012.70 | 1041.60 | 1012.70 | 0.565 times |
| 25 Mon Sep 2023 | 1012.70 | 1010.15 | 1021.35 | 1004.30 | 0.169 times |
| 22 Fri Sep 2023 | 1020.15 | 1015.05 | 1031.45 | 1010.90 | 0.477 times |
| 21 Thu Sep 2023 | 1020.45 | 1039.85 | 1041.15 | 1013.55 | 0.44 times |
| 20 Wed Sep 2023 | 1039.85 | 1051.05 | 1063.00 | 1035.00 | 0.661 times |
| 18 Mon Sep 2023 | 1055.90 | 1059.75 | 1063.00 | 1049.20 | 0.63 times |
| 15 Fri Sep 2023 | 1052.45 | 1049.95 | 1055.45 | 1039.95 | 0.461 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1018.5 or till 998.2. Use a stoploss of 1035.48 and if the stock hits stoploss, then it can shoot up till 1052.44
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 | 1008.33 |
| Downside Intraday Target | 987.67 |
| Upside Intraday Target | 1045.63 |
| Upside Intraday Target | 1062.27 |
| Downside Intraday Target | 1024.97 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Sep 2023 | 1029.00 | 1010.15 | 1041.60 | 1004.30 | 3.125 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 up 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 |
| 29 Fri Sep 2023 | 1029.00 | 1020.05 | 1077.00 | 1004.30 | 0.556 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Mgl in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1020.06 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Mgl in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1020.06 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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