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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 2024-11-04 View latest technical analysis

10 day averaged volume of Mgl is 23361

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 1387.85 1458.45 1458.45 1383.45 0.95 times
01 Fri Nov 2024 1447.45 1449.80 1456.10 1440.00 0.147 times
31 Thu Oct 2024 1441.15 1454.60 1454.60 1418.00 0.444 times
30 Wed Oct 2024 1441.40 1420.25 1456.00 1391.10 1.773 times
29 Tue Oct 2024 1426.05 1423.35 1436.60 1394.00 0.886 times
28 Mon Oct 2024 1415.75 1490.00 1490.00 1412.65 1.103 times
25 Fri Oct 2024 1496.55 1505.15 1523.80 1469.80 1.4 times
24 Thu Oct 2024 1543.80 1582.00 1591.85 1531.75 0.929 times
23 Wed Oct 2024 1577.90 1516.55 1588.95 1516.55 1.136 times
22 Tue Oct 2024 1532.65 1580.00 1580.00 1526.00 0.572 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1449.5, but if it comes above 1449.5, then a intra day buy could be more profitable.
If you take a sell trade below 1449.5, then use 1449.5 as stoploss and 1245.5 as target. However if you take a buy trade in stock , then use 1449.5 as stoploss and 1619.47 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1383.45
Upside Target 1458.45
Upside Target 1595.60
Upside Target 1720.20
Upside Target 1789.55
Upside Target 1798.00
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 1361.38
Downside Intraday Target 1334.92
Upside Intraday Target 1436.38
Upside Intraday Target 1484.92
Upside Intraday Target 1409.92

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 1387.85 1458.45 1458.45 1383.45 0.218 times
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

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
04 Mon Nov 2024 1387.85 1449.80 1458.45 1383.45 0.044 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 1472.19 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 1472.19 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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