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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 2025-05-05 View latest technical analysis

10 day averaged volume of Mangalam Global is 733647

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	13.51	12.85	13.65	12.85	0.283 times
02 Fri May 2025	13.04	12.89	13.38	12.70	0.871 times
30 Wed Apr 2025	12.89	13.50	13.64	12.85	0.826 times
29 Tue Apr 2025	13.48	13.60	13.86	13.21	0.167 times
28 Mon Apr 2025	13.59	13.00	13.80	12.26	0.432 times
25 Fri Apr 2025	13.15	13.84	13.90	12.96	1.002 times
24 Thu Apr 2025	13.83	14.80	14.90	13.66	1.274 times
23 Wed Apr 2025	14.90	15.10	15.25	14.75	1.442 times
22 Tue Apr 2025	14.94	14.40	15.05	14.06	1.601 times
21 Mon Apr 2025	14.45	14.02	14.60	14.02	0.508 times

My analysis of stock is bearish for shortterm, and stock might move down till 13 or till 12.1. Use a stoploss of 13.85 and if the stock hits stoploss, then it can shoot up till 14.66

Share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Target	11.70
Downside Target	12.26
Downside Target	12.70
Upside Target	15.25
Upside Target	15.90
Upside Target	23.24
Upside Target	23.49
Upside Target	29.67
Upside Target	32.20
Upside Target	33.48

Intraday share price targets for Mangalam Global (MGEL)

Target Type	Value
Downside Intraday Target	13.02
Downside Intraday Target	12.54
Upside Intraday Target	13.82
Upside Intraday Target	14.14
Downside Intraday Target	13.34

Weekly technical analysis of Mangalam Global (MGEL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	13.51	12.85	13.65	12.85	0.123 times
02 Fri May 2025	13.04	13.00	13.86	12.26	0.394 times
25 Fri Apr 2025	13.15	14.02	15.25	12.96	0.878 times
17 Thu Apr 2025	14.23	13.25	15.90	13.25	1.85 times
11 Fri Apr 2025	13.06	11.84	13.50	11.70	0.479 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 Mangalam Global (MGEL)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon May 2025	13.51	12.89	13.65	12.70	0.046 times
30 Wed Apr 2025	12.89	15.18	15.90	11.70	1.19 times
28 Fri Mar 2025	15.14	28.64	29.67	13.21	1.51 times
28 Fri Feb 2025	28.07	26.00	32.20	23.24	0.524 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mangalam Global ( (MGEL) ) 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 Mangalam Global ( (MGEL) ) based on a short to mid 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 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 Mangalam Global stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

Mangalam Global 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Global in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mangalam Global is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.98 and Mangalam Global (MGEL) 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 Mangalam Global (MGEL) stock. Volume based technical analysis of Mangalam Global (MGEL) stock is negative.

Mangalam Global 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.