(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 11082
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 1413.25 | 1429.55 | 1443.65 | 1402.85 | 0.938 times |
| 03 Fri May 2024 | 1429.50 | 1461.50 | 1473.95 | 1416.25 | 0.693 times |
| 02 Thu May 2024 | 1455.80 | 1440.05 | 1468.05 | 1440.05 | 0.498 times |
| 30 Tue Apr 2024 | 1442.75 | 1442.65 | 1473.25 | 1438.40 | 1.333 times |
| 29 Mon Apr 2024 | 1442.80 | 1478.30 | 1478.30 | 1432.60 | 0.861 times |
| 26 Fri Apr 2024 | 1460.75 | 1452.00 | 1495.10 | 1443.90 | 0.999 times |
| 25 Thu Apr 2024 | 1448.05 | 1424.90 | 1452.40 | 1415.00 | 1.173 times |
| 24 Wed Apr 2024 | 1422.60 | 1412.30 | 1424.70 | 1399.85 | 1.017 times |
| 23 Tue Apr 2024 | 1407.75 | 1385.00 | 1418.55 | 1383.00 | 0.575 times |
| 22 Mon Apr 2024 | 1381.50 | 1395.25 | 1412.85 | 1371.00 | 1.936 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1406.7 as stoploss in an intra day buy trade for a target of 1433.84. However, stock will show a bearish move below 1406.7.
Share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Target | 1169.95 |
| Downside Target | 1202.00 |
| Downside Target | 1365.60 |
| Downside Target | 1402.85 |
| Upside Target | 1473.95 |
| Upside Target | 1484.00 |
| Upside Target | 1488.30 |
| Upside Target | 1493.95 |
| Upside Target | 1495.10 |
| Upside Target | 1558.85 |
| Upside Target | 1579.00 |
Intraday share price targets for Mgl (Mgl)
| Target Type | Value |
| Downside Intraday Target | 1396.18 |
| Downside Intraday Target | 1379.12 |
| Upside Intraday Target | 1436.98 |
| Upside Intraday Target | 1460.72 |
| Upside Intraday Target | 1419.92 |
Weekly technical analysis of Mgl (Mgl)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 1413.25 | 1429.55 | 1443.65 | 1402.85 | 0.277 times |
| 03 Fri May 2024 | 1429.50 | 1478.30 | 1478.30 | 1416.25 | 0.594 times |
| 26 Fri Apr 2024 | 1460.75 | 1395.25 | 1495.10 | 1371.00 | 0.545 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 |
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 |
| 06 Mon May 2024 | 1413.25 | 1440.05 | 1473.95 | 1402.85 | 0.063 times |
| 30 Tue Apr 2024 | 1442.75 | 1377.25 | 1495.10 | 1365.60 | 0.531 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 |
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)
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 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 Mgl ( (Mgl) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.
Mgl 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 tired and bears are picking up momentum.
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 SELL signal for Mgl in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1426.26 and Mgl (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 Mgl (Mgl) stock. Volume based technical analysis of Mgl (Mgl) stock is negative.
Mgl Stock is giving positive 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.
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 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 Mgl ( (Mgl) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Mgl in short term but the sell signal is initial and weak.
Mgl 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 tired and bears are picking up momentum.
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 SELL signal for Mgl in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1426.26 and Mgl (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 Mgl (Mgl) stock. Volume based technical analysis of Mgl (Mgl) stock is negative.
Mgl Stock is giving positive 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.
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