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Stock analysis Mangalam Drugs And Organics Limited MANGALAM

More indepth analysis on MunafaSutra.com

Moving Averages for Mangalam Drugs And Organics Limited

  • 5Day Average: 105.95
  • 12Day Average: 107.62
  • 20Day Average: 111.22
  • 50Day Average: 112.79
  • 100Day Average: 117.2
  • 150Day Average: 116.42
  • 200Day Average: 113.01

MANGALAM Indicators & signals

Indicator MACD (12,26,9)

107.75, 110.58, -2.22
Indicator MACD is in negative zone

Indicator ADX (14)

9.33, 17.96, 21.65
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANGALAM Mangalam Drugs And Organics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 105.31 103.00 to 109.19 -1.37% 0.74 times
20 Mon Jan 2025 106.77 105.61 to 107.39 0.8% 0.63 times
17 Fri Jan 2025 105.92 104.72 to 106.80 0.22% 0.71 times
16 Thu Jan 2025 105.69 105.30 to 108.77 -0.36% 0.65 times
15 Wed Jan 2025 106.07 104.50 to 107.40 2.03% 0.61 times
14 Tue Jan 2025 103.96 101.52 to 111.89 2.35% 1.65 times
13 Mon Jan 2025 101.57 100.05 to 111.00 0% 1.31 times
13 Mon Jan 2025 101.57 100.05 to 111.00 -8.79% 1.31 times
10 Fri Jan 2025 111.36 110.91 to 116.89 -3.43% 0.73 times
09 Thu Jan 2025 115.32 114.34 to 124.75 1.64% 1.84 times
08 Wed Jan 2025 113.46 111.16 to 114.80 -0.89% 0.55 times
07 Tue Jan 2025 114.48 111.15 to 116.93 1.54% 0.71 times

Technical analysis forecast for Mangalam Drugs And Organics Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mangalam Drugs And Organics Limited MANGALAM at this time. Stock is falling and might fall more.

It appears as if Mangalam Drugs And Organics Limited MANGALAM gave a large move recently.

Stock of Mangalam Drugs And Organics Limited (MANGALAM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Mangalam Drugs And Organics Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 103.7 as stoploss in an intra day buy trade for a target of 109.63. However, stock will show a bearish move below 103.7.

More indepth analysis on MunafaSutra.com