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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)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Mgl is 25482

Date Daily Closing Price Open High Low Volume
22 Mon Apr 2024 1381.50 1395.25 1412.85 1371.00 0.842 times
19 Fri Apr 2024 1392.45 1398.60 1400.05 1368.40 0.398 times
18 Thu Apr 2024 1400.55 1470.00 1480.00 1393.85 1.592 times
16 Tue Apr 2024 1464.55 1454.55 1475.00 1442.05 0.489 times
15 Mon Apr 2024 1452.95 1401.05 1484.00 1401.05 2.069 times
12 Fri Apr 2024 1428.95 1463.15 1463.15 1425.80 0.698 times
10 Wed Apr 2024 1456.30 1453.45 1480.95 1452.10 0.392 times
09 Tue Apr 2024 1456.80 1493.95 1493.95 1450.15 0.82 times
08 Mon Apr 2024 1483.90 1448.95 1487.45 1437.50 0.71 times
05 Fri Apr 2024 1439.40 1399.35 1470.00 1392.80 2.613 times

My analysis of stock is bearish for shortterm, and stock might move down till 1348.5 or till 1288. Use a stoploss of 1398.88 and if the stock hits stoploss, then it can shoot up till 1449.27

Share price targets for Mgl (Mgl)

Target Type Value
Downside Target 1045.00
Downside Target 1169.95
Downside Target 1202.00
Downside Target 1231.35
Downside Target 1317.95
Downside Target 1365.60
Upside Target 1470.00
Upside Target 1484.00
Upside Target 1488.30
Upside Target 1493.95
Upside Target 1558.85
Upside Target 1579.00

Intraday share price targets for Mgl (Mgl)

Target Type Value
Downside Intraday Target 1364.05
Downside Intraday Target 1346.6
Upside Intraday Target 1405.9
Upside Intraday Target 1430.3
Upside Intraday Target 1388.45

Weekly technical analysis of Mgl (Mgl)

Date Weekly Closing Price Open High Low Volume
22 Mon Apr 2024 1381.50 1395.25 1412.85 1371.00 0.185 times
19 Fri Apr 2024 1392.45 1401.05 1484.00 1368.40 1.736 times
12 Fri Apr 2024 1428.95 1448.95 1493.95 1425.80 0.658 times
05 Fri Apr 2024 1439.40 1377.25 1470.00 1365.60 2.343 times
28 Thu Mar 2024 1363.50 1365.25 1380.95 1317.95 0.435 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
22 Mon Apr 2024 1381.50 1377.25 1493.95 1365.60 0.437 times
28 Thu Mar 2024 1363.50 1490.00 1579.00 1202.00 1.602 times
29 Thu Feb 2024 1485.80 1489.85 1558.85 1405.50 0.584 times
31 Wed Jan 2024 1479.60 1230.00 1488.30 1169.95 1.116 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 Mgl (Mgl)

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 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Mgl 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 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 1435.28 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.

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 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Mgl 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 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 1435.28 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.

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Daily charts

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