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NSE Stock MGEL_SM Historical charts - Mangalam Global Ent Ltd

Historical charts for Stock MGEL_SM - Share Mangalam Global Ent Ltd trades in NSE

Moving Averages for

  • 5Day Average: 41.2
  • 12Day Average: 41.33
  • 20Day Average: 41.1
  • 50Day Average: 40.92
  • 100Day Average: 46.2
  • 150Day Average: 49.9

MGEL_SM Indicators & signals

Indicator MACD (12,26,9)

41.21, 41.1, 0.04
Indicator MACD is in positive zone

Indicator ADX (14)

7.69, 50.91, 43.64
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MGEL_SM are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Tue Dec 2020 42.00 40.75 to 42.00 3.7% 2.78 times
21 Mon Dec 2020 40.50 40.50 to 40.50 -1.22% 0.56 times
18 Fri Dec 2020 41.00 41.00 to 41.00 -1.2% 1.11 times
17 Thu Dec 2020 41.50 41.50 to 41.50 1.22% 0.56 times
16 Wed Dec 2020 41.00 41.00 to 41.00 -1.91% 1.11 times
14 Mon Dec 2020 41.80 41.75 to 41.80 0.36% 1.67 times
11 Fri Dec 2020 41.65 41.65 to 41.75 0.36% 1.11 times
10 Thu Dec 2020 41.50 41.50 to 41.50 0% 0.56 times
08 Tue Dec 2020 41.50 41.50 to 41.50 0% 1.11 times
07 Mon Dec 2020 41.50 41.50 to 41.50 1.22% 0.56 times
04 Fri Dec 2020 41.00 41.00 to 41.00 0% 1.67 times
03 Thu Dec 2020 41.00 41.00 to 41.00 2.63% 1.11 times

Technical analysis forecast of MGEL_SM Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MGEL_SM MGEL_SM at this time. Stock is rising and might rise more.

It appears as if MGEL_SM MGEL_SM gave a large move recently.

Stock of MGEL_SM (MGEL_SM) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of MGEL_SM is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if MGEL_SM stays above 41.7, but if it comes below 41.7, then a intra day sell could be more profitable.
If you take a sell trade below 41.7, then use 41.7 as stoploss and 41.1 as target. However if you take a buy trade in MGEL_SM, then use 41.7 as stoploss and 42.3 as target.

Tomorrow's movement Prediction of MGEL_SM appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of MGEL_SM is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Tomorrow's movement Prediction of MGEL_SM is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 41.4

Tomorrow's movement Prediction of MGEL_SM looks bullish. It has broken an important Moving average of 41.1 with high volumes

Munafa value: 90

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock MGEL_SM Historical charts - Share Mangalam Global Ent Ltd

 

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