(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 2024-04-16 View latest technical analysis
10 day averaged volume of Mgl is 22101
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 1464.55 | 1454.55 | 1475.00 | 1442.05 | 0.564 times |
| 15 Mon Apr 2024 | 1452.95 | 1401.05 | 1484.00 | 1401.05 | 2.386 times |
| 12 Fri Apr 2024 | 1428.95 | 1463.15 | 1463.15 | 1425.80 | 0.805 times |
| 10 Wed Apr 2024 | 1456.30 | 1453.45 | 1480.95 | 1452.10 | 0.452 times |
| 09 Tue Apr 2024 | 1456.80 | 1493.95 | 1493.95 | 1450.15 | 0.945 times |
| 08 Mon Apr 2024 | 1483.90 | 1448.95 | 1487.45 | 1437.50 | 0.818 times |
| 05 Fri Apr 2024 | 1439.40 | 1399.35 | 1470.00 | 1392.80 | 3.013 times |
| 04 Thu Apr 2024 | 1396.15 | 1418.75 | 1418.75 | 1384.05 | 0.252 times |
| 03 Wed Apr 2024 | 1405.15 | 1402.75 | 1406.85 | 1388.80 | 0.535 times |
| 02 Tue Apr 2024 | 1401.10 | 1391.65 | 1410.35 | 1386.55 | 0.377 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1449.6, but if it comes below 1449.6, then a intra day sell could be more profitable.
If you take a sell trade below 1449.6, then use 1449.6 as stoploss and 1379.88 as target. However if you take a buy trade in stock , then use 1449.6 as stoploss and 1533.2 as target.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 1045.00 |
| Downside Target | 1169.95 |
| Downside Target | 1202.00 |
| Downside Target | 1231.35 |
| Downside Target | 1317.95 |
| Upside Target | 1470.00 |
| Upside Target | 1484.00 |
| Upside Target | 1488.30 |
| Upside Target | 1493.95 |
| Upside Target | 1558.85 |
| Upside Target | 1579.00 |
Intraday share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Intraday Target | 1415.73 |
| Downside Intraday Target | 1366.92 |
| Upside Intraday Target | 1498.68 |
| Upside Intraday Target | 1532.82 |
| Downside Intraday Target | 1449.87 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 1464.55 | 1401.05 | 1484.00 | 1401.05 | 0.977 times |
| 12 Fri Apr 2024 | 1428.95 | 1448.95 | 1493.95 | 1425.80 | 0.658 times |
| 05 Fri Apr 2024 | 1439.40 | 1377.25 | 1470.00 | 1365.60 | 2.343 times |
| 28 Thu Mar 2024 | 1363.50 | 1365.25 | 1380.95 | 1317.95 | 0.435 times |
| 22 Fri Mar 2024 | 1338.70 | 1269.95 | 1342.00 | 1250.00 | 0.545 times |
Price has moved up 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 |
| 16 Tue Apr 2024 | 1464.55 | 1377.25 | 1493.95 | 1365.60 | 0.333 times |
| 28 Thu Mar 2024 | 1363.50 | 1490.00 | 1579.00 | 1202.00 | 1.602 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 |
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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mgl stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgl in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mgl in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1444.81 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mgl stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgl in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mgl in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1444.81 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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