(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 58918
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 112.19 | 108.30 | 119.00 | 108.00 | 3.082 times |
| 13 Thu Jun 2024 | 107.74 | 108.20 | 109.00 | 106.50 | 0.658 times |
| 12 Wed Jun 2024 | 106.96 | 109.00 | 109.80 | 106.65 | 0.378 times |
| 11 Tue Jun 2024 | 107.61 | 105.60 | 110.00 | 105.20 | 1.134 times |
| 10 Mon Jun 2024 | 105.07 | 106.70 | 106.91 | 105.00 | 0.284 times |
Stock of Mangalam Drug (MANGALAM) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 110.1, but if it comes below 110.1, then a intra day sell could be more profitable.
If you take a sell trade below 110.1, then use 110.1 as stoploss and 104.96 as target. However if you take a buy trade in stock , then use 110.1 as stoploss and 116.2 as target.
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 |
| Downside Target | 107.40 |
| 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 | 105.13 |
| Downside Intraday Target | 98.06 |
| Upside Intraday Target | 119.13 |
| Upside Intraday Target | 126.06 |
| Downside Intraday Target | 112.06 |
Weekly technical analysis of Mangalam Drug (MANGALAM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 17 Fri May 2024 | 99.80 | 95.95 | 101.50 | 95.00 | 0.538 times |
Price has moved up 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 |
| 14 Fri Jun 2024 | 112.19 | 104.00 | 119.00 | 95.00 | 0.298 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 | 42, 11, 59 | Buy |
| MACD | 3, 1 | Buy |
| Stochastics | 79 | Buy |
| CCI | 154 | Buy |
| RSI | 56 | Buy |
| OBV | 114082 | Sell |
| VWAP | 106 | Buy |
| ADL | 0 | Sell |
| ROC | 11 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mangalam Drug ( (MANGALAM) ) based on a short 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 short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mangalam Drug in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mangalam Drug Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mangalam Drug in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mangalam Drug is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 105.9 and Mangalam Drug (MANGALAM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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