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Mahanagar Gas Limited (MGL)

In this detailed technical analysis of MGL, a key player in Utilities operating within the Utilities - Regulated Gas, we have used over 20 different indicators such as RSI, MACD, Bollinger Bands, Stochastic Osciallator, and more, along with current price data.

Day's Range
Low 1320.2
High 1387.5
Volume:893.0K
Close:1325.2(-4.2%)

Strengths and Weakness:

Strengths
Price is currently above its 100-day moving average.
Stochastic is below 20, suggesting oversold conditions.
Price is trading below the lower Bollinger band.
Weaknesses
Price is currently below its 9-day moving average.
ATR is above the high threshold, reflecting high market volatility.
Price is trading below the Bollinger middle band.