(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)
10 day averaged volume of Mgl is 26640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 973.35 | 979.15 | 987.45 | 972.05 | 0.246 times |
| 22 Wed Mar 2023 | 979.15 | 971.00 | 988.15 | 971.00 | 0.228 times |
| 21 Tue Mar 2023 | 987.00 | 985.90 | 999.20 | 980.10 | 1.069 times |
| 20 Mon Mar 2023 | 970.80 | 964.75 | 987.95 | 963.95 | 0.263 times |
| 17 Fri Mar 2023 | 984.30 | 998.95 | 998.95 | 978.00 | 0.523 times |
| 16 Thu Mar 2023 | 986.80 | 958.90 | 991.40 | 958.90 | 1.005 times |
| 15 Wed Mar 2023 | 973.75 | 986.80 | 986.85 | 966.55 | 0.879 times |
| 14 Tue Mar 2023 | 978.00 | 990.35 | 1002.05 | 971.70 | 1.599 times |
| 13 Mon Mar 2023 | 988.95 | 980.05 | 1007.00 | 980.05 | 2.006 times |
| 10 Fri Mar 2023 | 985.45 | 997.25 | 997.25 | 977.25 | 0.903 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 995.6 as stoploss in an intra day sell trade for a target of 950.53. However, stock will show a bullish move above 995.6.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 811.05 |
| Downside Target | 831.00 |
| Downside Target | 864.65 |
| Downside Target | 892.00 |
| Downside Target | 922.75 |
| Downside Target | 931.45 |
| Downside Target | 958.90 |
| Downside Target | 963.95 |
| Upside Target | 999.20 |
| Upside Target | 1006.00 |
| Upside Target | 1007.00 |
Intraday share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Intraday Target | 958.47 |
| Downside Intraday Target | 943.58 |
| Upside Intraday Target | 993.72 |
| Upside Intraday Target | 1014.08 |
| Upside Intraday Target | 978.83 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 973.35 | 964.75 | 999.20 | 963.95 | 0.301 times |
| 17 Fri Mar 2023 | 984.30 | 980.05 | 1007.00 | 958.90 | 0.451 times |
| 10 Fri Mar 2023 | 985.45 | 926.00 | 1006.00 | 918.00 | 5.578 times |
| 03 Fri Mar 2023 | 906.60 | 880.00 | 917.20 | 867.60 | 1.476 times |
| 24 Fri Feb 2023 | 880.00 | 888.00 | 903.65 | 864.65 | 0.365 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 |
| 23 Thu Mar 2023 | 973.35 | 894.90 | 1007.00 | 892.00 | 2.05 times |
| 28 Tue Feb 2023 | 895.95 | 890.00 | 931.45 | 831.00 | 1.696 times |
| 31 Tue Jan 2023 | 883.85 | 836.35 | 892.90 | 833.85 | 0.606 times |
| 30 Fri Dec 2022 | 838.60 | 903.05 | 922.75 | 811.05 | 0.591 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Mgl (Mgl)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 17, 19 | Buy |
| MACD | 44, 45 | Sell |
| Stochastics | 44 | None |
| CCI | -61 | Sell |
| RSI | 63 | Buy |
| OBV | 353068 | Sell |
| VWAP | 983 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgl ( (Mgl) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgl ( (Mgl) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mgl stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 983.04 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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