(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 2024-10-11 View latest technical analysis
10 day averaged volume of Mgl is 18621
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 1835.10 | 1858.00 | 1870.90 | 1830.40 | 0.736 times |
| 10 Thu Oct 2024 | 1871.00 | 1835.35 | 1909.00 | 1835.35 | 1.778 times |
| 09 Wed Oct 2024 | 1820.85 | 1828.80 | 1849.95 | 1818.10 | 0.324 times |
| 08 Tue Oct 2024 | 1828.70 | 1806.00 | 1853.00 | 1798.00 | 0.466 times |
| 07 Mon Oct 2024 | 1824.55 | 1909.05 | 1920.00 | 1820.00 | 0.728 times |
| 03 Thu Oct 2024 | 1945.75 | 1891.05 | 1957.80 | 1875.10 | 1.115 times |
| 01 Tue Oct 2024 | 1914.35 | 1950.00 | 1950.00 | 1911.90 | 0.894 times |
| 30 Mon Sep 2024 | 1941.45 | 1930.15 | 1954.60 | 1918.60 | 0.504 times |
| 27 Fri Sep 2024 | 1946.45 | 1967.90 | 1972.50 | 1940.40 | 0.319 times |
| 26 Thu Sep 2024 | 1964.30 | 1947.45 | 1984.00 | 1934.20 | 0.987 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1835.2, but if it comes above 1835.2, then a intra day buy could be more profitable.
If you take a sell trade below 1835.2, then use 1835.2 as stoploss and 1771.5 as target. However if you take a buy trade in stock , then use 1835.2 as stoploss and 1888.24 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 | 1782.07 |
| Downside Intraday Target | 1729.03 |
| Upside Intraday Target | 1904.07 |
| Upside Intraday Target | 1973.03 |
| Upside Intraday Target | 1851.03 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 1835.10 | 1909.05 | 1920.00 | 1798.00 | 1.604 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, 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 |
| 11 Fri Oct 2024 | 1835.10 | 1950.00 | 1957.80 | 1798.00 | 0.171 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 SELL signal in short term and selling is picking up 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 1893.62 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 SELL signal in short term and selling is picking up 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 1893.62 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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