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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 2024-11-11 View latest technical analysis

10 day averaged volume of Mgl is 22227

Date Daily Closing Price Open High Low Volume
11 Mon Nov 2024 1401.05 1429.55 1429.55 1397.25 0.478 times
08 Fri Nov 2024 1419.55 1459.30 1463.00 1411.05 0.887 times
07 Thu Nov 2024 1437.20 1470.00 1470.00 1425.10 1.081 times
06 Wed Nov 2024 1435.90 1392.85 1439.65 1391.85 1.096 times
05 Tue Nov 2024 1379.00 1411.55 1411.55 1350.00 1.361 times
04 Mon Nov 2024 1387.85 1458.45 1458.45 1383.45 0.999 times
01 Fri Nov 2024 1447.45 1449.80 1456.10 1440.00 0.155 times
31 Thu Oct 2024 1441.15 1454.60 1454.60 1418.00 0.467 times
30 Wed Oct 2024 1441.40 1420.25 1456.00 1391.10 1.864 times
29 Tue Oct 2024 1426.05 1423.35 1436.60 1394.00 0.931 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 1383.2 as stoploss in an intra day buy trade for a target of 1515.73. However, stock will show a bearish move below 1383.2.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1350.00
Downside Target 1391.10
Upside Target 1429.55
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 1957.80
Upside Target 1988.55

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1389.02
Downside Intraday Target 1376.98
Upside Intraday Target 1421.32
Upside Intraday Target 1441.58
Upside Intraday Target 1409.28

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
11 Mon Nov 2024 1401.05 1429.55 1429.55 1397.25 0.088 times
08 Fri Nov 2024 1419.55 1458.45 1470.00 1350.00 1.186 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

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
11 Mon Nov 2024 1401.05 1449.80 1470.00 1350.00 0.232 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Mgl in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mgl Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 1419.82 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Mgl in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mgl Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 1419.82 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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