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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 2024-10-15 View latest technical analysis

10 day averaged volume of Mgl is 16826

Date Daily Closing Price Open High Low Volume
15 Tue Oct 2024 1834.90 1791.85 1856.00 1791.85 1.181 times
14 Mon Oct 2024 1791.85 1839.95 1842.30 1787.30 2.402 times
11 Fri Oct 2024 1835.10 1858.00 1870.90 1830.40 0.815 times
10 Thu Oct 2024 1871.00 1835.35 1909.00 1835.35 1.968 times
09 Wed Oct 2024 1820.85 1828.80 1849.95 1818.10 0.358 times
08 Tue Oct 2024 1828.70 1806.00 1853.00 1798.00 0.516 times
07 Mon Oct 2024 1824.55 1909.05 1920.00 1820.00 0.806 times
03 Thu Oct 2024 1945.75 1891.05 1957.80 1875.10 1.234 times
01 Tue Oct 2024 1914.35 1950.00 1950.00 1911.90 0.99 times
30 Mon Sep 2024 1941.45 1930.15 1954.60 1918.60 0.558 times

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 1834.8 as stoploss in an intra day buy trade for a target of 1888.2. However, stock will show a bearish move below 1834.8.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1180.90
Downside Target 1595.60
Downside Target 1720.20
Downside Target 1787.30
Upside Target 1856.00
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 1796.13
Downside Intraday Target 1757.37
Upside Intraday Target 1864.83
Upside Intraday Target 1894.77
Downside Intraday Target 1826.07

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
15 Tue Oct 2024 1834.90 1839.95 1856.00 1787.30 0.803 times
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

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
15 Tue Oct 2024 1834.90 1950.00 1957.80 1787.30 0.262 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mgl stock for short term is SELL. 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 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 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 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 1855.78 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mgl stock for short term is SELL. 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 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 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 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 1855.78 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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