Mega Fortune Co Ltd (MGRT)

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Mega Fortune Co Ltd Stock (MGRT) Forecast

The Mega Fortune Co Ltd (MGRT) 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 $86.00. 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 MGRT Price Target

Average 0.00 (-100.00% Downside)

Is Mega Fortune Co Ltd (MGRT) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	33.63	Neutral
STOCH(9,6)	21.52	Neutral
STOCHRSI(14)	1.3842	Buy
MACD(12,26)	5.1405	Sell
ADX(14)	49.31	Sell
William %R	-98.78	Buy
CCI(14)	-291.43	Sell

Buy: 2 Sell: 3 Neutral: 2

Summary: Sell

Moving Averages

Period	Simple	Exponential
MA10	124.39 Sell	117.80 Sell
MA20	131.02 Sell	119.01 Sell
MA50	80.83 Buy	91.72 Sell
MA100	43.76 Buy	61.84 Buy
MA200	24.43 Buy	30.31 Buy

Buy: 5 Sell: 5 Neutral: 0

Summary: Neutral

According to our latest analysis, MGRT could be considered a Moderate Sell, with 17 technical analysis indicators signaling 7 Buy signals, 8 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on MGRT, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 33.63 indicates that MGRT is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 21.52 indicates that MGRT 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 1.3842 indicates that MGRT is oversold. This suggests that MGRT 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 49.31 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 -291.43 indicates that MGRT is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.