(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 2024-11-01 View latest technical analysis
10 day averaged volume of Mgl is 37893
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 1447.45 | 1449.80 | 1456.10 | 1440.00 | 0.091 times |
| 31 Thu Oct 2024 | 1441.15 | 1454.60 | 1454.60 | 1418.00 | 0.274 times |
| 30 Wed Oct 2024 | 1441.40 | 1420.25 | 1456.00 | 1391.10 | 1.093 times |
| 29 Tue Oct 2024 | 1426.05 | 1423.35 | 1436.60 | 1394.00 | 0.546 times |
| 28 Mon Oct 2024 | 1415.75 | 1490.00 | 1490.00 | 1412.65 | 0.68 times |
| 25 Fri Oct 2024 | 1496.55 | 1505.15 | 1523.80 | 1469.80 | 0.863 times |
| 24 Thu Oct 2024 | 1543.80 | 1582.00 | 1591.85 | 1531.75 | 0.573 times |
| 23 Wed Oct 2024 | 1577.90 | 1516.55 | 1588.95 | 1516.55 | 0.7 times |
| 22 Tue Oct 2024 | 1532.65 | 1580.00 | 1580.00 | 1526.00 | 0.352 times |
| 21 Mon Oct 2024 | 1566.20 | 1589.95 | 1616.65 | 1562.90 | 0.992 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1474.4, but if it comes above 1474.4, then a intra day buy could be more profitable.
If you take a sell trade below 1474.4, then use 1474.4 as stoploss and 1274.2 as target. However if you take a buy trade in stock , then use 1474.4 as stoploss and 1641.31 as target.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 1391.10 |
| Downside Target | 1440.00 |
| Upside Target | 1595.60 |
| Upside Target | 1720.20 |
| Upside Target | 1789.55 |
| Upside Target | 1856.00 |
| Upside Target | 1875.10 |
| 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 | 1395.7 |
| Downside Intraday Target | 1343.95 |
| Upside Intraday Target | 1494.6 |
| Upside Intraday Target | 1541.75 |
| Downside Intraday Target | 1442.85 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 1447.45 | 1490.00 | 1490.00 | 1391.10 | 0.771 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 |
| 01 Fri Nov 2024 | 1447.45 | 1449.80 | 1456.10 | 1440.00 | 0.006 times |
| 31 Thu Oct 2024 | 1441.15 | 1950.00 | 1957.80 | 1391.10 | 0.879 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 |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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
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 1495.34 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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
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 1495.34 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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