(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 2024-08-23 View latest technical analysis
10 day averaged volume of Mgl is 7838
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 1767.35 | 1810.00 | 1823.80 | 1763.30 | 1.961 times |
| 22 Thu Aug 2024 | 1815.45 | 1873.95 | 1873.95 | 1808.00 | 1.004 times |
| 21 Wed Aug 2024 | 1857.65 | 1844.80 | 1862.85 | 1833.05 | 0.572 times |
| 20 Tue Aug 2024 | 1834.10 | 1856.00 | 1874.85 | 1819.70 | 0.842 times |
| 19 Mon Aug 2024 | 1837.55 | 1838.25 | 1868.00 | 1824.75 | 2.852 times |
| 16 Fri Aug 2024 | 1818.00 | 1739.30 | 1822.85 | 1739.30 | 1.054 times |
| 14 Wed Aug 2024 | 1727.90 | 1779.70 | 1791.25 | 1720.20 | 0.938 times |
| 13 Tue Aug 2024 | 1790.65 | 1845.00 | 1845.00 | 1786.65 | 0.956 times |
| 12 Mon Aug 2024 | 1827.25 | 1809.90 | 1837.55 | 1786.05 | 0.547 times |
| 09 Fri Aug 2024 | 1804.20 | 1802.00 | 1828.65 | 1801.85 | 0.408 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1781.6, but if it comes above 1781.6, then a intra day buy could be more profitable.
If you take a sell trade below 1781.6, then use 1781.6 as stoploss and 1737.2 as target. However if you take a buy trade in stock , then use 1781.6 as stoploss and 1818.71 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 |
| Upside Target | 1808.40 |
| Upside Target | 1845.00 |
| 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 | 1728.82 |
| Downside Intraday Target | 1690.28 |
| Upside Intraday Target | 1840.37 |
| Upside Intraday Target | 1913.38 |
| Upside Intraday Target | 1801.83 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 1767.35 | 1838.25 | 1874.85 | 1763.30 | 2.07 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 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 |
| 23 Fri Aug 2024 | 1767.35 | 1875.95 | 1882.70 | 1720.20 | 0.214 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.
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 in or below the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1807.12 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.
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 in or below the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1807.12 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.
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