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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 2024-10-09 View latest technical analysis

10 day averaged volume of Mgl is 30998

Date Daily Closing Price Open High Low Volume
09 Wed Oct 2024 1820.85 1828.80 1849.95 1818.10 0.195 times
08 Tue Oct 2024 1828.70 1806.00 1853.00 1798.00 0.28 times
07 Mon Oct 2024 1824.55 1909.05 1920.00 1820.00 0.438 times
03 Thu Oct 2024 1945.75 1891.05 1957.80 1875.10 0.67 times
01 Tue Oct 2024 1914.35 1950.00 1950.00 1911.90 0.537 times
30 Mon Sep 2024 1941.45 1930.15 1954.60 1918.60 0.303 times
27 Fri Sep 2024 1946.45 1967.90 1972.50 1940.40 0.192 times
26 Thu Sep 2024 1964.30 1947.45 1984.00 1934.20 0.593 times
25 Wed Sep 2024 1947.45 1908.00 1988.55 1908.00 1.732 times
24 Tue Sep 2024 1929.30 1938.75 1953.20 1920.15 1.525 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1831.9, but if it comes above 1831.9, then a intra day buy could be more profitable.
If you take a sell trade below 1831.9, then use 1831.9 as stoploss and 1766.3 as target. However if you take a buy trade in stock , then use 1831.9 as stoploss and 1886.61 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1180.90
Downside Target 1595.60
Downside Target 1720.20
Downside Target 1789.55
Upside Target 1869.20
Upside Target 1910.10
Upside Target 1920.00
Upside Target 1942.00
Upside Target 1957.80
Upside Target 1988.55

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1772.57
Downside Intraday Target 1724.28
Upside Intraday Target 1894.57
Upside Intraday Target 1968.28
Upside Intraday Target 1846.28

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
09 Wed Oct 2024 1820.85 1909.05 1920.00 1798.00 0.604 times
03 Thu Oct 2024 1945.75 1930.15 1957.80 1875.10 0.194 times
27 Fri Sep 2024 1946.45 1901.05 1988.55 1869.20 1.039 times
20 Fri Sep 2024 1909.15 1794.25 1942.00 1794.25 1.996 times
13 Fri Sep 2024 1799.05 1839.00 1905.60 1789.55 1.888 times

Price has moved down 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
09 Wed Oct 2024 1820.85 1950.00 1957.80 1798.00 0.1 times
30 Mon Sep 2024 1941.45 1790.50 1988.55 1789.55 2.643 times
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

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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Mgl in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 1924.2 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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Mgl in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 1924.2 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.

Click here for Mgl charts

Click here for further forecast and predictions for tomorrow

Daily charts

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