2.55% 0.0026

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 $0.1047. 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)	47.09	Neutral
STOCH(9,6)	19.76	Buy
STOCHRSI(14)	55.74	Neutral
MACD(12,26)	-0.00491	Buy
ADX(14)	32.52	Buy
William %R	-80.73	Buy
CCI(14)	-24.94	Neutral

Buy: 4 Sell: 0 Neutral: 3

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	0.1191 Sell	0.1079 Sell
MA20	0.1009 Buy	0.109 Sell
MA50	0.1251 Sell	0.1736 Sell
MA100	0.2378 Sell	0.4578 Sell
MA200	1.1456 Sell	1.1631 Sell

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, 9 signaling Sell signals and 3 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 47.09 indicates that MGN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 19.76 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 55.74 indicates that MGN is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
ADX (Average Directional Index): The ADX value of The ADX value of 32.52 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 -24.94 indicates that MGN is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.