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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 2024-08-30 View latest technical analysis

10 day averaged volume of Mgl is 10935

Date Daily Closing Price Open High Low Volume
30 Fri Aug 2024 1792.45 1802.55 1837.30 1785.00 0.802 times
29 Thu Aug 2024 1777.60 1790.65 1820.00 1753.85 1.982 times
28 Wed Aug 2024 1789.75 1794.45 1798.05 1768.70 0.365 times
27 Tue Aug 2024 1778.85 1779.85 1790.00 1766.35 0.573 times
26 Mon Aug 2024 1772.55 1775.40 1780.55 1757.25 1.141 times
23 Fri Aug 2024 1767.35 1810.00 1823.80 1763.30 1.406 times
22 Thu Aug 2024 1815.45 1873.95 1873.95 1808.00 0.72 times
21 Wed Aug 2024 1857.65 1844.80 1862.85 1833.05 0.41 times
20 Tue Aug 2024 1834.10 1856.00 1874.85 1819.70 0.604 times
19 Mon Aug 2024 1837.55 1838.25 1868.00 1824.75 2.044 times

My analysis of stock is bearish for shortterm, and stock might move down till 1770 or till 1733.2. Use a stoploss of 1800.65 and if the stock hits stoploss, then it can shoot up till 1831.32

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 1751.77
Downside Intraday Target 1711.08
Upside Intraday Target 1835.22
Upside Intraday Target 1877.98
Upside Intraday Target 1794.53

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
30 Fri Aug 2024 1792.45 1775.40 1837.30 1753.85 0.938 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
30 Fri Aug 2024 1792.45 1875.95 1882.70 1720.20 0.271 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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. 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 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1798.86 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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. 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 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1798.86 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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Daily charts

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