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(MGEL) Mangalam Global complete technical analysis [charts+indicators] | Buy/Sell Mangalam Global | (MGEL) share price targets

Complete technical analysis of Mangalam Global (MGEL) by charts plus indicators, forecast predictions and share price targets for Mangalam Global (MGEL)

Showing technical analysis as on 2025-02-21 View latest technical analysis

10 day averaged volume of Mangalam Global is 327293

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	28.38	28.12	29.50	27.86	1.683 times
20 Thu Feb 2025	28.12	25.40	28.62	25.40	3.39 times
19 Wed Feb 2025	25.02	24.90	25.72	24.38	0.69 times
18 Tue Feb 2025	24.27	24.12	26.09	23.24	0.874 times
17 Mon Feb 2025	24.24	24.87	25.39	23.95	0.558 times
14 Fri Feb 2025	24.87	25.63	26.00	24.14	0.501 times
13 Thu Feb 2025	25.67	26.23	26.33	25.54	0.347 times
12 Wed Feb 2025	25.98	25.60	26.43	24.84	0.587 times
11 Tue Feb 2025	25.79	28.66	29.30	24.69	1.256 times
10 Mon Feb 2025	28.66	28.35	29.99	28.01	1.431 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.1, but if it comes below 28.1, then a intra day sell could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 26.21 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 30.5 as target.

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	21.28
Downside Target	22.42
Downside Target	23.24
Downside Target	24.14
Downside Target	25.25
Downside Target	26.10
Downside Target	27.26
Upside Target	28.89
Upside Target	29.50
Upside Target	29.99
Upside Target	30.00
Upside Target	30.40
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	24.58
Downside Intraday Target	20.78
Upside Intraday Target	30.84
Upside Intraday Target	33.3
Downside Intraday Target	27.04

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	28.38	24.87	29.50	23.24	1.746 times
14 Fri Feb 2025	24.87	28.35	29.99	24.14	0.555 times
07 Fri Feb 2025	28.19	26.00	30.00	25.25	2.457 times
31 Fri Jan 2025	24.05	26.99	27.26	23.49	0.739 times
24 Fri Jan 2025	26.88	29.30	30.40	26.57	0.589 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Global (MGEL)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	28.38	26.00	30.00	23.24	0.316 times
31 Fri Jan 2025	24.05	28.35	33.48	23.49	2.492 times
31 Tue Dec 2024	28.51	24.69	28.95	22.42	2.444 times
29 Fri Nov 2024	24.23	24.50	26.10	21.28	1.062 times

Scroll below to view daily charts

Price has moved up 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 Mangalam Global (MGEL)

Price action analysis of Mangalam Global ( (MGEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mangalam Global ( (MGEL) ) 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 Mangalam Global ( (MGEL) ) 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 Mangalam Global stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Global in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mangalam Global 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. Bulls 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 moving up

CCI has generated a buy signal for Mangalam Global in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Mangalam Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.96 and Mangalam Global (MGEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mangalam Global (MGEL) stock. Volume based technical analysis of Mangalam Global (MGEL) stock is negative.

Mangalam Global Stock is giving positive 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.