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

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

10 day averaged volume of Mangalam Cement is 91179

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 867.85 868.80 886.00 860.10 0.476 times
16 Thu May 2024 868.80 863.00 877.00 857.50 0.385 times
15 Wed May 2024 859.50 885.10 891.25 853.75 0.443 times
14 Tue May 2024 878.25 864.05 886.95 864.00 0.384 times
13 Mon May 2024 863.45 875.00 878.40 838.00 0.82 times

My analysis of stock is bearish for shortterm, and stock might move down till 852.1 or till 824.3. Use a stoploss of 875.19 and if the stock hits stoploss, then it can shoot up till 898.32

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type Value
Downside Target 610.30
Downside Target 721.55
Downside Target 769.95
Downside Target 810.00
Downside Target 851.10
Upside Target 877.95
Upside Target 891.25
Upside Target 901.35
Upside Target 929.30
Upside Target 931.00

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type Value
Downside Intraday Target 840.15
Downside Intraday Target 812.45
Upside Intraday Target 893.4
Upside Intraday Target 918.95
Downside Intraday Target 865.7

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 867.85 875.00 891.25 838.00 0.335 times
10 Fri May 2024 872.35 925.00 929.30 851.10 0.582 times
03 Fri May 2024 919.35 875.00 931.00 822.00 2.023 times
26 Fri Apr 2024 866.75 866.75 901.35 830.10 0.823 times
19 Fri Apr 2024 855.85 827.00 877.95 810.00 0.824 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 Cement (MANGLMCEM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 867.85 841.05 931.00 822.00 0.723 times
30 Tue Apr 2024 841.05 737.60 901.35 721.55 0.698 times
28 Thu Mar 2024 731.00 738.40 812.00 617.90 1.126 times
29 Thu Feb 2024 728.85 670.20 769.95 610.30 0.783 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 Cement (MANGLMCEM)

Indicator Name Indicator Value Indicator Signal
ADX 17, 15, 6 Buy
MACD 46, 56Sell
Stochastics 34None
CCI -32Buy
RSI 57Buy
OBV 195621Sell
VWAP 883Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) 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 Cement ( (MANGLMCEM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) 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 Cement stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mangalam Cement in short term but the sell signal is initial and weak.

Mangalam Cement 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 buy signal for Mangalam Cement in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 883.31 and Mangalam Cement (MANGLMCEM) 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 Mangalam Cement (MANGLMCEM) stock. Volume based technical analysis of Mangalam Cement (MANGLMCEM) stock is negative.

Mangalam Cement Stock has given negative 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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