Megan Holdings Ltd (MGN)

Overview News Price History Discussions Forecast

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 $4.24. 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)	64.80	Neutral
STOCH(9,6)	83.68	Sell
STOCHRSI(14)	25.56	Neutral
MACD(12,26)	0.6038	Buy
ADX(14)	32.20	Buy
William %R	-35.21	Neutral
CCI(14)	80.57	Neutral

Buy: 2 Sell: 1 Neutral: 4

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	3.93 Buy	3.9536 Buy
MA20	3.285 Buy	3.4463 Buy
MA50	2.428 Buy	2.7482 Buy
MA100	2.1056 Buy	2.4307 Buy
MA200	1.3471 Buy	0.00 Buy

Buy: 10 Sell: 0 Neutral: 0

Summary: Buy

According to our latest analysis, MGN could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 1 signaling Sell signals and 4 Neutral signals. This might be a good time to open fresh positions on MGN, as trading bullish markets is always a lot easier

RSI (Relative Strength Index): The RSI(14) value of 64.8 indicates that MGN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 83.68 indicates that MGN is oversold. This means that MGN price is at or near the highest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 25.56 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 32.2 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 80.57 indicates that MGN is still overbought but not to an extreme extent.