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 $3.81. 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)	29.09	Buy
STOCH(9,6)	80.21	Sell
STOCHRSI(14)	95.88	Sell
MACD(12,26)	-25.89	Buy
ADX(14)	20.16	Neutral
William %R	-26.44	Neutral
CCI(14)	8.3394	Neutral

Buy: 2 Sell: 2 Neutral: 3

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	2.3913 Buy	4.7986 Sell
MA20	3.0506 Buy	19.87 Sell
MA50	89.24 Sell	105.92 Sell
MA100	165.64 Sell	435.98 Sell
MA200	1,462.08 Sell	1,426.40 Sell

Buy: 2 Sell: 8 Neutral: 0

Summary: Sell

According to our latest analysis, MGN could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 10 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 29.09 indicates that MGN is oversold. This indicates that MGN price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
STOCH (Stochastic Oscillator): The STOCH value of 80.21 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 95.88 indicates that MGN is oversold. This suggests that MGN price is at or near the highest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 20.16 suggests that there may be some movement in price, but it lacks strength or conviction.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 8.3394 indicates that MGN is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.