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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)

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, 45Sell
Stochastics 44None
CCI -61Sell
RSI 63Buy
OBV 353068Sell
VWAP 983Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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.

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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