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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 2024-11-13 View latest technical analysis

10 day averaged volume of Mgl is 19313

Date Daily Closing Price Open High Low Volume
13 Wed Nov 2024 1330.05 1399.95 1399.95 1323.60 0.535 times
12 Tue Nov 2024 1369.25 1400.00 1416.40 1365.75 0.346 times
11 Mon Nov 2024 1401.05 1429.55 1429.55 1397.25 0.55 times
08 Fri Nov 2024 1419.55 1459.30 1463.00 1411.05 1.021 times
07 Thu Nov 2024 1437.20 1470.00 1470.00 1425.10 1.244 times
06 Wed Nov 2024 1435.90 1392.85 1439.65 1391.85 1.262 times
05 Tue Nov 2024 1379.00 1411.55 1411.55 1350.00 1.566 times
04 Mon Nov 2024 1387.85 1458.45 1458.45 1383.45 1.149 times
01 Fri Nov 2024 1447.45 1449.80 1456.10 1440.00 0.178 times
31 Thu Oct 2024 1441.15 1454.60 1454.60 1418.00 0.537 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1372.3, but if it comes above 1372.3, then a intra day buy could be more profitable.
If you take a sell trade below 1372.3, then use 1372.3 as stoploss and 1255.4 as target. However if you take a buy trade in stock , then use 1372.3 as stoploss and 1469.62 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1323.60
Upside 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 1292.58
Downside Intraday Target 1255.12
Upside Intraday Target 1398.53
Upside Intraday Target 1467.02
Upside Intraday Target 1361.07

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
13 Wed Nov 2024 1330.05 1429.55 1429.55 1323.60 0.229 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
13 Wed Nov 2024 1330.05 1449.80 1470.00 1323.60 0.262 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 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 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

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 1405.69 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 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 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

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 1405.69 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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