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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 16977

Date Daily Closing Price Open High Low Volume
21 Tue Sep 2021 1102.85 1100.00 1110.75 1081.25 1.603 times
20 Mon Sep 2021 1107.75 1132.50 1140.00 1102.00 1.562 times
17 Fri Sep 2021 1136.20 1172.55 1173.75 1130.50 1.338 times
16 Thu Sep 2021 1174.75 1188.25 1188.25 1166.35 0.506 times
15 Wed Sep 2021 1179.55 1197.90 1205.00 1175.85 0.99 times
14 Tue Sep 2021 1188.95 1181.90 1193.10 1181.90 1.046 times
13 Mon Sep 2021 1181.90 1160.50 1186.65 1156.55 0.721 times
09 Thu Sep 2021 1168.60 1190.00 1190.00 1166.05 0.582 times
08 Wed Sep 2021 1176.45 1189.20 1189.20 1165.65 0.95 times
07 Tue Sep 2021 1181.95 1197.20 1200.35 1170.50 0.735 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1090.5, for a target of 1124.6 or 1153.12

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1078.40
Upside Target 1124.80
Upside Target 1165.65
Upside Target 1194.05
Upside Target 1198.00
Upside Target 1200.35
Upside Target 1205.00
Upside Target 1211.60
Upside Target 1234.00
Upside Target 1284.45

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1076.07
Downside Intraday Target 1049.28
Upside Intraday Target 1134.82
Upside Intraday Target 1166.78
Upside Intraday Target 1108.03

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
21 Tue Sep 2021 1102.85 1132.50 1140.00 1081.25 0.688 times
17 Fri Sep 2021 1136.20 1160.50 1205.00 1130.50 1.199 times
09 Thu Sep 2021 1168.60 1172.80 1200.35 1165.65 0.901 times
03 Fri Sep 2021 1173.45 1140.00 1194.05 1129.60 0.331 times
27 Fri Aug 2021 1131.50 1100.20 1134.45 1078.40 1.313 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
21 Tue Sep 2021 1102.85 1154.00 1205.00 1081.25 0.394 times
31 Tue Aug 2021 1144.30 1171.45 1198.00 1078.40 0.677 times
30 Fri Jul 2021 1167.20 1145.50 1211.60 1101.85 0.894 times
30 Wed Jun 2021 1136.25 1199.00 1284.45 1124.80 1.037 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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 36, 45 Sell
MACD -5, 6Sell
Stochastics 10Sell
CCI -170Sell
RSI 51Buy
OBV -192091Sell
VWAP 1150Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 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 in or above 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 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 1150.49 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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Daily chart

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