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 $0.2326. 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)	31.78	Neutral
STOCH(9,6)	40.86	Neutral
STOCHRSI(14)	96.04	Sell
MACD(12,26)	-0.6725	Sell
ADX(14)	33.04	Sell
William %R	-69.29	Neutral
CCI(14)	0.5352	Neutral

Buy: 0 Sell: 3 Neutral: 4

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	0.2101 Buy	0.4452 Sell
MA20	1.4318 Sell	1.0091 Sell
MA50	1.9787 Sell	1.6588 Sell
MA100	1.9126 Sell	1.8874 Sell
MA200	1.3615 Sell	0.00 Buy

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 2 Buy signals, 11 signaling Sell signals and 4 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 31.78 indicates that MGN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 40.86 indicates that MGN is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 96.04 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 33.04 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 0.5352 indicates that MGN is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.