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(MANGALAM) Mangalam Drug complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drug | (MANGALAM) share price targets

Complete technical analysis of Mangalam Drug (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drug (MANGALAM)

10 day averaged volume of Mangalam Drug is 66314

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 106.21 107.67 108.99 105.01 0.723 times
20 Thu Jun 2024 107.67 110.99 110.99 106.63 0.58 times
19 Wed Jun 2024 107.55 113.70 115.00 107.00 1.901 times
18 Tue Jun 2024 113.09 118.30 118.30 112.27 0.835 times
14 Fri Jun 2024 112.19 108.30 119.00 108.00 2.739 times

My analysis of stock is bullish for shortterm, and stock might move up till 109 or till 113.7. Use a stoploss of 105.12 and if this stock hits its stoploss, then it can fall down till 101.24

Share price targets for Mangalam Drug (MANGALAM)

Target Type Value
Downside Target 90.80
Downside Target 92.85
Downside Target 95.00
Downside Target 97.05
Downside Target 100.30
Downside Target 104.00
Upside Target 107.40
Upside Target 118.30
Upside Target 119.00
Upside Target 124.70
Upside Target 127.00
Upside Target 132.45

Intraday share price targets for Mangalam Drug (MANGALAM)

Target Type Value
Downside Intraday Target 101.38
Downside Intraday Target 96.55
Upside Intraday Target 114.67
Upside Intraday Target 123.13
Upside Intraday Target 109.84

Weekly technical analysis of Mangalam Drug (MANGALAM)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 106.21 118.30 118.30 105.01 0.821 times
14 Fri Jun 2024 112.19 106.70 119.00 105.00 1.24 times
07 Fri Jun 2024 105.05 104.00 110.00 95.00 1.012 times
31 Fri May 2024 101.30 106.30 109.20 100.30 0.175 times
24 Fri May 2024 107.25 100.00 127.00 97.05 23.884 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 Mangalam Drug (MANGALAM)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 106.21 104.00 119.00 95.00 0.433 times
31 Fri May 2024 101.30 101.85 127.00 95.00 2.61 times
30 Tue Apr 2024 101.85 93.70 107.40 92.85 0.636 times
28 Thu Mar 2024 92.10 121.50 124.70 90.80 0.203 times

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 Drug (MANGALAM)

Indicator Name Indicator Value Indicator Signal
ADX 28, 19, 20 Buy
MACD 3, 3Buy
Stochastics 37None
CCI -58Sell
RSI 49Sell
OBV -698372Sell
VWAP 109Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Mangalam Drug ( (MANGALAM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mangalam Drug ( (MANGALAM) ) 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 Drug ( (MANGALAM) ) 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 Mangalam Drug ( (MANGALAM) ) 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 Mangalam Drug stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mangalam Drug in short term and the buy signal is strong.

Mangalam Drug 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalam Drug 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mangalam Drug is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.87 and Mangalam Drug (MANGALAM) 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 Mangalam Drug (MANGALAM) stock. Volume based technical analysis of Mangalam Drug (MANGALAM) stock is negative.

Mangalam Drug 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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