Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-09-12 View latest technical analysis

10 day averaged volume of is 356356

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	0.26	0.27	0.28	0.26	0.313 times
11 Wed Sep 2024	0.28	0.27	0.28	0.26	0.262 times
10 Tue Sep 2024	0.27	0.27	0.28	0.26	0.645 times
09 Mon Sep 2024	0.28	0.27	0.28	0.26	0.463 times
06 Fri Sep 2024	0.27	0.28	0.29	0.25	1.071 times
05 Thu Sep 2024	0.27	0.28	0.29	0.26	0.595 times
04 Wed Sep 2024	0.28	0.26	0.29	0.26	0.725 times
03 Tue Sep 2024	0.27	0.26	0.28	0.24	2.079 times
30 Fri Aug 2024	0.24	0.22	0.25	0.22	1.444 times
30 Fri Aug 2024	0.24	0.22	0.25	0.22	1.444 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.2 or till 0.2. Use a stoploss of 0.27 and if the stock hits stoploss, then it can shoot up till 0.3

Share price targets for (MGRX)

Target Type	Value
Downside Target	0.20
Downside Target	0.21
Downside Target	0.22
Downside Target	0.23
Downside Target	0.24
Downside Target	0.25
Downside Target	0.26
Upside Target	0.28
Upside Target	0.29
Upside Target	0.32
Upside Target	0.41
Upside Target	0.44
Upside Target	0.47
Upside Target	1.12

Intraday share price targets for (MGRX)

Target Type	Value
Downside Intraday Target	0.25
Downside Intraday Target	0.25
Upside Intraday Target	0.27
Upside Intraday Target	0.29
Upside Intraday Target	0.27

Weekly technical analysis of (MGRX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	0.26	0.27	0.28	0.26	0.377 times
06 Fri Sep 2024	0.27	0.26	0.29	0.24	3.096 times
30 Fri Aug 2024	0.24	0.22	0.25	0.22	0.233 times
30 Fri Aug 2024	0.24	0.28	0.28	0.20	1.907 times
23 Fri Aug 2024	0.27	0.32	0.32	0.23	0.403 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 (MGRX)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	0.26	0.26	0.29	0.24	0.161 times
30 Fri Aug 2024	0.24	0.41	0.41	0.20	0.38 times
31 Wed Jul 2024	0.40	0.30	0.47	0.29	1.078 times
28 Fri Jun 2024	0.30	0.38	0.44	0.29	0.117 times

Scroll below to view daily charts

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 (MGRX)

Price action analysis of ( (MGRX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of ( (MGRX) ) 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 ( (MGRX) ) 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 ( (MGRX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.26 and (MGRX) 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 (MGRX) stock. Volume based technical analysis of (MGRX) stock is negative.

Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.