(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 2024-11-06 View latest technical analysis
10 day averaged volume of Mgl is 23511
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 1435.90 | 1392.85 | 1439.65 | 1391.85 | 1.036 times |
| 05 Tue Nov 2024 | 1379.00 | 1411.55 | 1411.55 | 1350.00 | 1.287 times |
| 04 Mon Nov 2024 | 1387.85 | 1458.45 | 1458.45 | 1383.45 | 0.944 times |
| 01 Fri Nov 2024 | 1447.45 | 1449.80 | 1456.10 | 1440.00 | 0.146 times |
| 31 Thu Oct 2024 | 1441.15 | 1454.60 | 1454.60 | 1418.00 | 0.441 times |
| 30 Wed Oct 2024 | 1441.40 | 1420.25 | 1456.00 | 1391.10 | 1.762 times |
| 29 Tue Oct 2024 | 1426.05 | 1423.35 | 1436.60 | 1394.00 | 0.88 times |
| 28 Mon Oct 2024 | 1415.75 | 1490.00 | 1490.00 | 1412.65 | 1.096 times |
| 25 Fri Oct 2024 | 1496.55 | 1505.15 | 1523.80 | 1469.80 | 1.392 times |
| 24 Thu Oct 2024 | 1543.80 | 1582.00 | 1591.85 | 1531.75 | 0.923 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1411.8 as stoploss in an intra day buy trade for a target of 1577.74. However, stock will show a bearish move below 1411.8.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 1350.00 |
| Downside Target | 1391.10 |
| 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 | 1371.12 |
| Downside Intraday Target | 1306.33 |
| Upside Intraday Target | 1479.57 |
| Upside Intraday Target | 1523.23 |
| Downside Intraday Target | 1414.78 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 1435.90 | 1458.45 | 1458.45 | 1350.00 | 0.755 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 |
| 06 Wed Nov 2024 | 1435.90 | 1449.80 | 1458.45 | 1350.00 | 0.138 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 1440.78 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 1440.78 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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