Megan Holdings Ltd (MGN)

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Megan Holdings Ltd Stock (MGN) Forecast

The Megan Holdings Ltd (MGN) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $0.16. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month MGN Price Target

Average 0.00 (-100.00% Downside)

Is Megan Holdings Ltd (MGN) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	30.79	Neutral
STOCH(9,6)	10.99	Buy
STOCHRSI(14)	15.85	Buy
MACD(12,26)	-0.3269	Buy
ADX(14)	32.64	Sell
William %R	-100.00	Buy
CCI(14)	-81.55	Neutral

Buy: 4 Sell: 1 Neutral: 2

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	0.1826 Sell	0.1948 Sell
MA20	0.2036 Sell	0.3876 Sell
MA50	1.4856 Sell	1.0284 Sell
MA100	1.6652 Sell	1.4729 Sell
MA200	1.3749 Sell	0.00 Buy

Buy: 1 Sell: 9 Neutral: 0

Summary: Sell

According to our latest analysis, MGN could be considered a Strong Sell, with 17 technical analysis indicators signaling 5 Buy signals, 10 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on MGN, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 30.79 indicates that MGN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 10.99 indicates that MGN is oversold. This indicates that MGN price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 15.85 indicates that MGN is oversold. This suggests that MGN price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 32.64 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -81.55 indicates that MGN is still oversold but not to an extreme extent.