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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 2024-10-30 View latest technical analysis

10 day averaged volume of Mgl is 35504

Date Daily Closing Price Open High Low Volume
30 Wed Oct 2024 1441.40 1420.25 1456.00 1391.10 1.167 times
29 Tue Oct 2024 1426.05 1423.35 1436.60 1394.00 0.583 times
28 Mon Oct 2024 1415.75 1490.00 1490.00 1412.65 0.726 times
25 Fri Oct 2024 1496.55 1505.15 1523.80 1469.80 0.922 times
24 Thu Oct 2024 1543.80 1582.00 1591.85 1531.75 0.611 times
23 Wed Oct 2024 1577.90 1516.55 1588.95 1516.55 0.748 times
22 Tue Oct 2024 1532.65 1580.00 1580.00 1526.00 0.376 times
21 Mon Oct 2024 1566.20 1589.95 1616.65 1562.90 1.059 times
18 Fri Oct 2024 1582.95 1699.95 1699.95 1503.80 4.19 times
17 Thu Oct 2024 1760.65 1786.65 1789.80 1753.60 0.28 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1516.8, but if it comes above 1516.8, then a intra day buy could be more profitable.
If you take a sell trade below 1516.8, then use 1516.8 as stoploss and 1309 as target. However if you take a buy trade in stock , then use 1516.8 as stoploss and 1689.88 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1180.90
Downside Target 1391.10
Upside Target 1469.80
Upside Target 1595.60
Upside Target 1720.20
Upside Target 1789.55
Upside Target 1856.00
Upside Target 1882.70
Upside Target 1910.10
Upside Target 1920.00
Upside Target 1957.80
Upside Target 1988.55

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1391.67
Downside Intraday Target 1341.93
Upside Intraday Target 1490.57
Upside Intraday Target 1539.73
Downside Intraday Target 1440.83

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
30 Wed Oct 2024 1441.40 1490.00 1490.00 1391.10 0.666 times
25 Fri Oct 2024 1496.55 1589.95 1616.65 1469.80 0.557 times
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

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
30 Wed Oct 2024 1441.40 1950.00 1957.80 1391.10 0.863 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mgl is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1538.66 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mgl is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1538.66 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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