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(MGL) Mahanagar Gas complete technical analysis [charts+indicators] | Buy/Sell Mahanagar Gas | (MGL) share price targets

Complete technical analysis of Mahanagar Gas (MGL) by charts plus indicators, forecast predictions and share price targets for Mahanagar Gas (MGL)

Showing technical analysis as on 2025-02-13 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 687063

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	1298.05	1301.85	1318.00	1291.55	0.41 times
12 Wed Feb 2025	1301.85	1291.15	1319.40	1256.05	0.594 times
11 Tue Feb 2025	1297.50	1336.00	1338.00	1278.55	0.525 times
10 Mon Feb 2025	1331.15	1355.55	1357.95	1322.40	0.414 times
07 Fri Feb 2025	1359.50	1344.95	1363.00	1327.00	0.416 times
06 Thu Feb 2025	1342.05	1352.00	1363.90	1322.00	0.368 times
05 Wed Feb 2025	1348.55	1341.55	1376.30	1330.30	0.97 times
04 Tue Feb 2025	1337.55	1321.60	1339.90	1311.05	0.359 times
03 Mon Feb 2025	1318.80	1345.05	1349.00	1289.10	0.782 times
31 Fri Jan 2025	1379.85	1309.90	1385.45	1303.50	2.323 times

My analysis of stock is bearish for shortterm, and stock might move down till 1278.2 or till 1240.1. Use a stoploss of 1309.98 and if the stock hits stoploss, then it can shoot up till 1341.72

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1075.25
Downside Target	1186.20
Downside Target	1214.60
Downside Target	1239.55
Downside Target	1289.10
Upside Target	1376.30
Upside Target	1385.45
Upside Target	1390.55
Upside Target	1460.50
Upside Target	1958.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1250.08
Downside Intraday Target	1202.12
Upside Intraday Target	1351.98
Upside Intraday Target	1405.92
Upside Intraday Target	1304.02

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	1298.05	1355.55	1357.95	1256.05	0.671 times
07 Fri Feb 2025	1359.50	1345.05	1376.30	1289.10	0.256 times
31 Fri Jan 2025	1379.85	1268.00	1385.45	1239.55	4.298 times
24 Fri Jan 2025	1278.45	1329.45	1329.45	1254.25	0.485 times
17 Fri Jan 2025	1321.60	1278.05	1332.80	1214.60	0.588 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 Mahanagar Gas (MGL)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	1298.05	1345.05	1376.30	1256.05	0.148 times
31 Fri Jan 2025	1379.85	1280.00	1385.45	1214.60	1.552 times
31 Tue Dec 2024	1284.40	1205.00	1309.50	1186.20	0.81 times
29 Fri Nov 2024	1191.75	1448.00	1460.50	1075.25	1.035 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 Mahanagar Gas (MGL)

Price action analysis of Mahanagar Gas ( (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 Mahanagar Gas ( (MGL) ) based on a short to mid 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 Mahanagar Gas ( (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 Mahanagar Gas stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahanagar Gas in short term but the sell signal is initial and weak.

Mahanagar Gas 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 in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Mahanagar Gas in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mahanagar Gas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1343.7 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mahanagar Gas (MGL) stock. Volume based technical analysis of Mahanagar Gas (MGL) stock is negative.

Mahanagar Gas 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.