(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 2024-03-14 View latest technical analysis
10 day averaged volume of Mgl is 52460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 1269.40 | 1220.05 | 1287.45 | 1218.55 | 0.712 times |
| 13 Wed Mar 2024 | 1218.55 | 1320.65 | 1326.85 | 1202.00 | 0.845 times |
| 12 Tue Mar 2024 | 1303.35 | 1282.85 | 1314.80 | 1265.00 | 0.649 times |
| 11 Mon Mar 2024 | 1275.50 | 1327.45 | 1327.45 | 1268.15 | 1.064 times |
| 07 Thu Mar 2024 | 1315.95 | 1330.40 | 1341.45 | 1310.00 | 1.112 times |
| 06 Wed Mar 2024 | 1329.40 | 1536.45 | 1536.45 | 1298.00 | 4.762 times |
| 05 Tue Mar 2024 | 1564.85 | 1560.20 | 1579.00 | 1543.00 | 0.798 times |
| 04 Mon Mar 2024 | 1547.10 | 1504.85 | 1551.00 | 1502.10 | 0.31 times |
| 02 Sat Mar 2024 | 1498.30 | 1500.00 | 1510.00 | 1493.80 | 0.006 times |
| 01 Fri Mar 2024 | 1497.35 | 1490.00 | 1507.75 | 1488.10 | 0.151 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1336.9, but if it comes above 1336.9, then a intra day buy could be more profitable.
If you take a sell trade below 1336.9, then use 1336.9 as stoploss and 1206.8 as target. However if you take a buy trade in stock , then use 1336.9 as stoploss and 1445.35 as target.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 999.05 |
| Downside Target | 1045.00 |
| Downside Target | 1070.95 |
| Downside Target | 1169.95 |
| Downside Target | 1202.00 |
| Downside Target | 1231.35 |
| Upside Target | 1298.00 |
| Upside Target | 1327.45 |
| Upside Target | 1405.50 |
| Upside Target | 1454.35 |
| Upside Target | 1487.00 |
| Upside Target | 1534.00 |
| Upside Target | 1550.55 |
| Upside Target | 1558.85 |
| Upside Target | 1579.00 |
Intraday share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Intraday Target | 1205.12 |
| Downside Intraday Target | 1140.83 |
| Upside Intraday Target | 1330.57 |
| Upside Intraday Target | 1391.73 |
| Downside Intraday Target | 1266.28 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 1269.40 | 1327.45 | 1327.45 | 1202.00 | 0.468 times |
| 07 Thu Mar 2024 | 1315.95 | 1504.85 | 1579.00 | 1298.00 | 6.696 times |
| 02 Sat Mar 2024 | 1498.30 | 1522.60 | 1536.95 | 1454.35 | 1.006 times |
| 23 Fri Feb 2024 | 1524.45 | 1525.00 | 1550.55 | 1487.00 | 0.565 times |
| 16 Fri Feb 2024 | 1518.30 | 1443.25 | 1534.00 | 1405.50 | 0.655 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 |
| 14 Thu Mar 2024 | 1269.40 | 1490.00 | 1579.00 | 1202.00 | 1.25 times |
| 29 Thu Feb 2024 | 1485.80 | 1489.85 | 1558.85 | 1405.50 | 0.584 times |
| 31 Wed Jan 2024 | 1479.60 | 1230.00 | 1488.30 | 1169.95 | 1.116 times |
| 29 Fri Dec 2023 | 1199.45 | 1047.95 | 1231.35 | 1045.00 | 2.946 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mgl stock for short term is SELL. Signal strength is Strong 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 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
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 1334.8 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mgl stock for short term is SELL. Signal strength is Strong 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 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
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 1334.8 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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