Mangels Industrial S.a Stock Forecast

Sell candidate since Nov 17, 2025

The Mangels Industrial S.A. stock price fell by -7.12% on the last day (Monday, 17th Nov 2025) from R$6.74 to R$6.26. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.03% from a day low at R$6.20 to a day high of R$6.45. The price has been going up and down for this period, and there has been a -10.57% loss for the last 2 weeks. Volume has increased on the last day by 20 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 23 thousand shares were bought and sold for approximately R$144.61 thousand.

Given the current short-term trend, the stock is expected to rise 36.26% during the next 3 months and, with a 90% probability hold a price between R$8.53 and R$11.48 at the end of this 3-month period.

MGEL4.SA Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Mangels Industrial S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at R$7.26 and R$6.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 10, 2025, and so far it has fallen -24.12%. Further fall is indicated until a new bottom pivot has been found. Mangels Industrial S.A. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Mangels Industrial S.A. stock

Mangels Industrial S.A. finds support from accumulated volume at R$6.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved R$0.250 between high and low, or 4.03%. For the last week, the stock has had daily average volatility of 8.06%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MGEL4.SA) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Mangels Industrial S.A. to open at R$6.30, and during the day (based on 14 day Average True Range), to move between R$6.01 and R$6.51, which gives a possible trading interval of +/-R$0.507 (+/-8.45%) up or down from last closing price. If Mangels Industrial S.A. takes out the full calculated possible swing range there will be an estimated 8.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at R$6.00 (4.15%) than the resistance at R$7.00 (11.82%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Mangels Industrial S.A. stock A Buy?

The Mangels Industrial S.A. stock holds several negative signals and despite the positive trend, we believe Mangels Industrial S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Strong Sell candidate.

Current score: -5.938 Strong Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on November 18, 2025 - R$6.30 ( 0.692%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk