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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 2024-10-16 View latest technical analysis

10 day averaged volume of Mgl is 18219

Date Daily Closing Price Open High Low Volume
16 Wed Oct 2024 1786.65 1827.95 1839.40 1765.25 0.987 times
15 Tue Oct 2024 1834.90 1791.85 1856.00 1791.85 1.091 times
14 Mon Oct 2024 1791.85 1839.95 1842.30 1787.30 2.219 times
11 Fri Oct 2024 1835.10 1858.00 1870.90 1830.40 0.753 times
10 Thu Oct 2024 1871.00 1835.35 1909.00 1835.35 1.817 times
09 Wed Oct 2024 1820.85 1828.80 1849.95 1818.10 0.331 times
08 Tue Oct 2024 1828.70 1806.00 1853.00 1798.00 0.476 times
07 Mon Oct 2024 1824.55 1909.05 1920.00 1820.00 0.744 times
03 Thu Oct 2024 1945.75 1891.05 1957.80 1875.10 1.14 times
01 Tue Oct 2024 1914.35 1950.00 1950.00 1911.90 0.914 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1763.7, for a target of 1830.7 or 1886.58

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1180.90
Downside Target 1595.60
Downside Target 1720.20
Downside Target 1765.25
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 1749.27
Downside Intraday Target 1711.88
Upside Intraday Target 1840.02
Upside Intraday Target 1893.38
Upside Intraday Target 1802.63

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
16 Wed Oct 2024 1786.65 1839.95 1856.00 1765.25 1.042 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
16 Wed Oct 2024 1786.65 1950.00 1957.80 1765.25 0.289 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 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 Strong 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 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 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 1845.05 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 negative.

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 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 Strong 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 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 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 1845.05 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 negative.

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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