(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 2024-08-29 View latest technical analysis
10 day averaged volume of Mgl is 9502
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1777.60 | 1790.65 | 1820.00 | 1753.85 | 2.281 times |
| 28 Wed Aug 2024 | 1789.75 | 1794.45 | 1798.05 | 1768.70 | 0.42 times |
| 27 Tue Aug 2024 | 1778.85 | 1779.85 | 1790.00 | 1766.35 | 0.66 times |
| 26 Mon Aug 2024 | 1772.55 | 1775.40 | 1780.55 | 1757.25 | 1.313 times |
| 23 Fri Aug 2024 | 1767.35 | 1810.00 | 1823.80 | 1763.30 | 1.618 times |
| 22 Thu Aug 2024 | 1815.45 | 1873.95 | 1873.95 | 1808.00 | 0.828 times |
| 21 Wed Aug 2024 | 1857.65 | 1844.80 | 1862.85 | 1833.05 | 0.472 times |
| 20 Tue Aug 2024 | 1834.10 | 1856.00 | 1874.85 | 1819.70 | 0.695 times |
| 19 Mon Aug 2024 | 1837.55 | 1838.25 | 1868.00 | 1824.75 | 2.352 times |
| 16 Fri Aug 2024 | 1818.00 | 1739.30 | 1822.85 | 1739.30 | 0.869 times |
Stock of Mgl (Mgl) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1771.2 as stoploss in an intra day buy trade for a target of 1802.24. However, stock will show a bearish move below 1771.2.
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 |
| 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 | 1747.63 |
| Downside Intraday Target | 1717.67 |
| Upside Intraday Target | 1813.78 |
| Upside Intraday Target | 1849.97 |
| Upside Intraday Target | 1783.82 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1777.60 | 1775.40 | 1820.00 | 1753.85 | 0.783 times |
| 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 |
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 |
| 29 Thu Aug 2024 | 1777.60 | 1875.95 | 1882.70 | 1720.20 | 0.262 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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.
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. Bears are getting stronger in this stock.
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 and the buying is gaining 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 1800.82 and Mgl (Mgl) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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.
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. Bears are getting stronger in this stock.
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 and the buying is gaining 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 1800.82 and Mgl (Mgl) stock is trading below this level. This means that stock is falling with high volumes. 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.
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