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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 2024-10-18 View latest technical analysis

10 day averaged volume of Mgl is 18406

Date Daily Closing Price Open High Low Volume
18 Fri Oct 2024 1582.95 1699.95 1699.95 1503.80 8.082 times
17 Thu Oct 2024 1760.65 1786.65 1789.80 1753.60 0.54 times
16 Wed Oct 2024 1786.65 1827.95 1839.40 1765.25 0.977 times
15 Tue Oct 2024 1834.90 1791.85 1856.00 1791.85 1.079 times
14 Mon Oct 2024 1791.85 1839.95 1842.30 1787.30 2.196 times
11 Fri Oct 2024 1835.10 1858.00 1870.90 1830.40 0.745 times
10 Thu Oct 2024 1871.00 1835.35 1909.00 1835.35 1.799 times
09 Wed Oct 2024 1820.85 1828.80 1849.95 1818.10 0.328 times
08 Tue Oct 2024 1828.70 1806.00 1853.00 1798.00 0.471 times
07 Mon Oct 2024 1824.55 1909.05 1920.00 1820.00 0.737 times

Stock of Mgl (Mgl) has showed a significant fall. This could be a good time to exit from this stock.

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 1667.5, for a target of 1774.7 or 1864.16

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1180.90
Downside Target 1503.80
Upside Target 1595.60
Upside Target 1720.20
Upside Target 1789.55
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 1439.17
Downside Intraday Target 1295.38
Upside Intraday Target 1791.37
Upside Intraday Target 1999.78
Upside Intraday Target 1647.58

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
18 Fri Oct 2024 1582.95 1839.95 1856.00 1503.80 3.156 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, 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
18 Fri Oct 2024 1582.95 1950.00 1957.80 1503.80 0.53 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 and the sell signal is strong.

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 red color and prices are below the red 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 negative zone. This is the SELL 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 1707.02 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 and the sell signal is strong.

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 red color and prices are below the red 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 negative zone. This is the SELL 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 1707.02 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.

Click here for Mgl charts

Click here for further forecast and predictions for tomorrow

Daily charts

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