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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 2024-08-21 View latest technical analysis

10 day averaged volume of Mgl is 9126

Date Daily Closing Price Open High Low Volume
21 Wed Aug 2024 1857.65 1844.80 1862.85 1833.05 0.492 times
20 Tue Aug 2024 1834.10 1856.00 1874.85 1819.70 0.723 times
19 Mon Aug 2024 1837.55 1838.25 1868.00 1824.75 2.449 times
16 Fri Aug 2024 1818.00 1739.30 1822.85 1739.30 0.905 times
14 Wed Aug 2024 1727.90 1779.70 1791.25 1720.20 0.805 times
13 Tue Aug 2024 1790.65 1845.00 1845.00 1786.65 0.821 times
12 Mon Aug 2024 1827.25 1809.90 1837.55 1786.05 0.47 times
09 Fri Aug 2024 1804.20 1802.00 1828.65 1801.85 0.35 times
08 Thu Aug 2024 1801.55 1815.00 1834.00 1795.00 0.71 times
07 Wed Aug 2024 1813.10 1770.00 1816.85 1770.00 1.354 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1855.6, but if it comes below 1855.6, then a intra day sell could be more profitable.
If you take a sell trade below 1855.6, then use 1855.6 as stoploss and 1814.94 as target. However if you take a buy trade in stock , then use 1855.6 as stoploss and 1904.3 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1180.90
Downside Target 1257.20
Downside Target 1365.60
Downside Target 1473.95
Downside Target 1595.60
Downside Target 1720.20
Downside Target 1757.15
Downside Target 1808.40
Downside Target 1853.00
Upside Target 1859.00
Upside Target 1874.85
Upside Target 1882.70
Upside Target 1910.10

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1826.62
Downside Intraday Target 1795.58
Upside Intraday Target 1881.77
Upside Intraday Target 1905.88
Downside Intraday Target 1850.73

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
21 Wed Aug 2024 1857.65 1838.25 1874.85 1819.70 1.221 times
16 Fri Aug 2024 1818.00 1809.90 1845.00 1720.20 0.316 times
09 Fri Aug 2024 1804.20 1790.35 1859.00 1757.15 0.808 times
02 Fri Aug 2024 1846.35 1856.95 1910.10 1808.40 0.618 times
26 Fri Jul 2024 1846.90 1690.60 1853.00 1639.95 2.369 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
21 Wed Aug 2024 1857.65 1875.95 1882.70 1720.20 0.188 times
31 Wed Jul 2024 1868.10 1609.65 1910.10 1595.60 1.613 times
28 Fri Jun 2024 1596.75 1329.05 1626.90 1180.90 1.183 times
31 Fri May 2024 1297.80 1440.05 1473.95 1257.20 1.297 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1814.17 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 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1814.17 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 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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Daily chart
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