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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 2024-11-25 View latest technical analysis

10 day averaged volume of Mgl is 110630

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 1187.40 1194.70 1198.35 1160.00 0.266 times
22 Fri Nov 2024 1157.05 1159.50 1169.25 1122.40 3.892 times
21 Thu Nov 2024 1125.90 1126.15 1136.50 1088.25 2.562 times
19 Tue Nov 2024 1126.10 1119.95 1147.45 1112.55 1.179 times
18 Mon Nov 2024 1130.55 1228.95 1229.00 1075.00 1.574 times
14 Thu Nov 2024 1311.40 1325.00 1340.00 1306.95 0.147 times
13 Wed Nov 2024 1330.05 1399.95 1399.95 1323.60 0.093 times
12 Tue Nov 2024 1369.25 1400.00 1416.40 1365.75 0.06 times
11 Mon Nov 2024 1401.05 1429.55 1429.55 1397.25 0.096 times
08 Fri Nov 2024 1419.55 1459.30 1463.00 1411.05 0.178 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1221.7, but if it comes above 1221.7, then a intra day buy could be more profitable.
If you take a sell trade below 1221.7, then use 1221.7 as stoploss and 1075.7 as target. However if you take a buy trade in stock , then use 1221.7 as stoploss and 1343.33 as target.

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1075.00
Downside Target 1160.00
Upside Target 1198.35
Upside Target 1229.00
Upside Target 1306.95
Upside Target 1350.00
Upside Target 1391.10
Upside Target 1429.55
Upside Target 1470.00
Upside Target 1595.60
Upside Target 1720.20
Upside Target 1789.55
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 1165.48
Downside Intraday Target 1143.57
Upside Intraday Target 1203.83
Upside Intraday Target 1220.27
Downside Intraday Target 1181.92

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 1187.40 1194.70 1198.35 1160.00 0.029 times
22 Fri Nov 2024 1157.05 1228.95 1229.00 1075.00 23.191 times
14 Thu Nov 2024 1311.40 1429.55 1429.55 1306.95 0.364 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

Price has moved up 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
25 Mon Nov 2024 1187.40 1449.80 1470.00 1075.00 2.098 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, and volume has increased substantially. This means that the move can 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.

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 1154.26 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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 1154.26 and Mgl (Mgl) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily chart
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