Trend Screener

Mahanagar Gas Share Price MGL

Mahanagar Gas Limited
Open Chart
₹1,100.00
+1.45%
Today High / Low ₹1,107.00 / ₹1,081.50
52W High / Low ₹1,378.00 / ₹900.00
Trend Screener Score 8%  |  Very Strong Bearish

MGL Trend Matrix

Monthly Trend Bearish / Res.. - ₹1,125.90
Weekly Trend Bearish / Res.. - ₹1,115.40
Daily Trend Bearish / Res.. - ₹1,101.50
Hourly Trend Bearish / Res.. - ₹1,104.40
15M Trend Bullish / Sup.. - ₹1,099.40
CMP vs S/R YES

RSI Momentum Values

Monthly RSI 46.09
Weekly RSI 47.67
Daily RSI 49.59

Moving Average Confluence (SMA)

SMA 200 ₹1,104.19
SMA 100 ₹1,115.17
SMA 50 ₹1,107.85
SMA 20 ₹1,102.40
SMA 10 ₹1,085.16
Overall Trend: Trend is weak and sellers are still in control. Until the price starts showing strength again, any upside move may struggle to continue.

Momentum: RSI is close to the middle range (around 47.78), so there is no strong momentum on either side right now. Lower timeframes are sending mixed signals, pointing to some short-term choppiness.

Moving Averages: Price is trading below all major moving averages, which is generally a sign of weakness and seller dominance. The price is also below the 200-day SMA, which keeps the long-term trend weak.

Key Levels: The next major resistance is near ₹1,125.90. The nearest resistance is around ₹1,115.40. Today's range has been between ₹1,081.50 and ₹1,107.00. The stock is positioned right in the middle of its 52-week range.

Trend Summary: Very Strong Bearish. The trend is still weak. It is better to wait for a clear sign of strength before considering fresh buying.
Market Capitalisation See Ratios Below ↓
Key Statements See Ratios Below ↓

About Mahanagar Gas

Mahanagar Gas Limited distributes natural gas in India through its pipeline and CNG station network. The company supplies piped natural gas to households, commercial establishments and industrial customers and compressed natural gas to the transportation sector. It also supplies liquefied natural gas for heavy vehicles and sells pipes and fittings used in gas distribution infrastructure. Incorporated in 1995, Mahanagar Gas is based in Mumbai, India.

Sector: Utilities Industry: Utilities - Regulated Gas Website: Official Website

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Mahanagar Gas Limited (Mahanagar Gas) Share Price & Technical Analysis

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Mahanagar Gas Limited (Mahanagar Gas) Technical Analysis Overview

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