MWL: Explosive Box Breakout and Volatility Expansion1. The Macro Perspective: The Consolidation Box
I am taking a LONG bias on Mangalam Worldwide Ltd. (MWL) on the weekly (1W) timeframe.
When analyzing price action, we look for phases of expansion and phases of contraction. After a strong run-up earlier in the year, MWL entered a classic contraction
Mangalam Worldwide Ltd.
No trades
16.85 INR
501.00 M INR
12.08 B INR
5.58 M
About Mangalam Worldwide Ltd.
Sector
Industry
Website
Headquarters
Ahmedabad
Founded
1995
IPO date
Jul 12, 2022
Identifiers
2
ISIN INE0JYY01011
Mangalam Worldwide Ltd. engages in the manufacture of stainless-steel billets and rolling of flat bars. It offers continuous cast billets, round bars, round cornered square (RCS) bars, bright bars, HRAP angles and flat bars, and forging ingots. The company was founded by Suresh J. Sharma and Bhavin K. Shah in 1995 and is headquartered in Ahmedabad, India.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of MWL is 379.55 INR — it has increased by 0.96% in the past 24 hours. Watch Mangalam Worldwide Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Mangalam Worldwide Ltd. stocks are traded under the ticker MWL.
MWL stock has risen by 0.53% compared to the previous week, the month change is a 7.80% rise, over the last year Mangalam Worldwide Ltd. has showed a 128.64% increase.
Yes, you can track Mangalam Worldwide Ltd. financials in yearly and quarterly reports right on TradingView.
MWL net income for the last quarter is 153.68 M INR, while the quarter before that showed 140.69 M INR of net income which accounts for 0.00% change. Track more Mangalam Worldwide Ltd. financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Mangalam Worldwide Ltd. EBITDA is 908.34 M INR, and current EBITDA margin is 7.52%. See more stats in Mangalam Worldwide Ltd. financial statements.
Like other stocks, MWL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Mangalam Worldwide Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Mangalam Worldwide Ltd. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Mangalam Worldwide Ltd. stock shows the buy signal. See more of Mangalam Worldwide Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
