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0.76
0.07%
-0.0005
Magic Empire Global Ltd Stock (MEGL) Forecast
The Magic Empire Global Ltd (MEGL) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.7362, representing a -3.13% decrease from the current price of $0.76. The highest analyst price target is $1.3681, and the lowest is $0.1043.
Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.
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 MEGL Price Target
Average 8.9938
(+1,083% Upside)
Is Magic Empire Global Ltd (MEGL) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 35.53 | Neutral |
| STOCH(9,6) | 52.89 | Neutral |
| STOCHRSI(14) | 99.75 | Sell |
| MACD(12,26) | -0.0939 | Buy |
| ADX(14) | 30.21 | Sell |
| William %R | -49.81 | Neutral |
| CCI(14) | 21.26 | Neutral |
Buy: 1
Sell: 2
Neutral: 4
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
0.7181
Buy
|
0.7498
Buy
|
| MA20 |
0.8054
Sell
|
0.8142
Sell
|
| MA50 |
1.0324
Sell
|
0.9622
Sell
|
| MA100 |
1.1262
Sell
|
1.0553
Sell
|
| MA200 |
1.114
Sell
|
1.1524
Sell
|
Buy: 2
Sell: 8
Neutral: 0
Summary: Sell
According to our latest analysis, MEGL could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 10 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on MEGL, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 35.53 indicates that MEGL is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 52.89 indicates that MEGL 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 99.75 indicates that MEGL is oversold. This suggests that MEGL 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 30.21 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 21.26 indicates that MEGL is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.
Long-term MEGL price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Magic Empire Global Ltd financial reports and earnings history, Magic Empire Global Ltd (MEGL) stock could reach $0.6727 by 2030, $14.52 by 2040 and $11.15 by 2050. See the projected annual prices until 2050 of the Magic Empire Global Ltd stock below:
- Magic Empire Global Ltd (MEGL) is expected to reach an average price of $9.4184 in 2035, with a high prediction of $11.24 and a low estimate of $9.4584. This indicates an $1,139% rise from the last recorded price of $0.76.
- Magic Empire Global Ltd (MEGL) stock is projected to chart a bullish course in 2040, with an average price target of $14.50, representing an $1,808% surge from its current level. The forecast ranges from a conservative $14.53 to a sky-high $14.52.
- Our analysts predict Magic Empire Global Ltd (MEGL) to jump 1,734% by 2045, soaring from $14.09 to an average price of $13.94, potentially reaching $14.45. While $14.09 is the low estimate, the potential upside is significant.
- Magic Empire Global Ltd (MEGL) stock is expected to climb by 2050, reaching an average of $10.77, a $1,318% jump from its current level. However, a wide range of estimates exists, with high and low targets of $11.15 and $10.94, respectively, highlighting the market's uncertainty.
Magic Empire Global Ltd Stock (MEGL) Year by Year Forecast
Magic Empire Global Ltd Stock (MEGL) Price Forecast for 2026
The predicted value for Magic Empire Global Ltd (MEGL) in 2026 is set at an average of $9.0038. Estimates vary from a peak of $17.90 to a trough of $0.1043, indicating an +1,085% surge from the present price of $0.76.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| November, 2026 | $0.9604 | $0.1043 | $1.3681 | +26.37% |
| December, 2026 | $2.2148 | $0.9348 | $17.90 | +191.42% |
Magic Empire Global Ltd Stock (MEGL) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Magic Empire Global Ltd (MEGL) is $2.0414, with a high forecast of $3.9986 and a low forecast of $0.0842. This indicates an +168.61% increase from the last price of $0.76.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $2.1501 | $1.7424 | $3.9986 | +182.90% |
| February, 2027 | $1.4453 | $0.8719 | $2.4215 | +90.17% |
| March, 2027 | $0.6844 | $0.5244 | $1.9491 | -9.95% |
| April, 2027 | $0.3404 | $0.0842 | $0.9482 | -55.21% |
| May, 2027 | $0.3413 | $0.217 | $0.2911 | -55.09% |
| June, 2027 | $1.3261 | $0.9567 | $1.2049 | +74.48% |
| July, 2027 | $1.0708 | $1.5508 | $1.3022 | +40.90% |
| August, 2027 | $1.2917 | $1.2738 | $1.0797 | +69.97% |
| September, 2027 | $0.4965 | $0.5203 | $1.2797 | -34.67% |
| October, 2027 | $1.2812 | $1.0889 | $1.0812 | +68.59% |
| November, 2027 | $1.2775 | $1.3202 | $1.226 | +68.10% |
| December, 2027 | $1.6701 | $1.4532 | $1.5469 | +119.75% |
Magic Empire Global Ltd Stock (MEGL) Price Forecast for 2028
In 2028, Magic Empire Global Ltd (MEGL) is projected to reach an average price of $1.3376, with a high projection of $2.3484 and a low estimate of $0.3268. This indicates an +76.00% rise from the last price of $0.76.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $1.6279 | $1.7075 | $1.5631 | +114.19% |
| February, 2028 | $1.485 | $1.5322 | $1.4841 | +95.40% |
| March, 2028 | $1.6678 | $1.685 | $1.5178 | +119.44% |
| April, 2028 | $1.4029 | $1.7865 | $1.6139 | +84.60% |
| May, 2028 | $1.9383 | $1.6861 | $1.7671 | +155.03% |
| June, 2028 | $1.8478 | $2.0146 | $1.7956 | +143.13% |
| July, 2028 | $1.4627 | $1.432 | $1.544 | +92.47% |
| August, 2028 | $1.3935 | $1.5135 | $1.3935 | +83.36% |
| September, 2028 | $1.2382 | $1.353 | $1.3301 | +62.93% |
| October, 2028 | $1.0596 | $1.2144 | $1.2624 | +39.42% |
| November, 2028 | $0.7239 | $0.3268 | $2.3484 | -4.74% |
| December, 2028 | $1.2787 | $1.0201 | $1.0087 | +68.25% |
Magic Empire Global Ltd Stock (MEGL) Price Forecast for 2029
The 2029 price forecast for Magic Empire Global Ltd Stock (MEGL) is $1.0573 on average, with a high prediction of $1.5367 and a low estimate of $0.578. This represents an +39.12% increase from the previous price of $0.76.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $1.4996 | $1.5286 | $1.4736 | +97.32% |
| February, 2029 | $1.6044 | $1.502 | $1.5367 | +111.10% |
| March, 2029 | $1.0291 | $1.5629 | $1.4106 | +35.41% |
| April, 2029 | $0.9901 | $1.3253 | $1.2527 | +30.27% |
| May, 2029 | $0.8648 | $0.9848 | $0.9386 | +13.79% |
| June, 2029 | $1.0396 | $0.9434 | $0.8972 | +36.78% |
| July, 2029 | $0.8805 | $0.9505 | $0.9837 | +15.85% |
| August, 2029 | $0.6852 | $0.7252 | $0.8467 | -9.84% |
| September, 2029 | $0.65 | $0.6476 | $0.5721 | -14.47% |
| October, 2029 | $0.7809 | $0.6824 | $0.6047 | +2.75% |
| November, 2029 | $0.6957 | $0.6706 | $0.6191 | -8.46% |
| December, 2029 | $0.5166 | $0.578 | $0.6382 | -32.02% |
Magic Empire Global Ltd Stock (MEGL) Price Forecast for 2030
Magic Empire Global Ltd Stock (MEGL) is expected to reach an average price of $6.1639 in 2030, with a high forecast of $12.33 and a low forecast of $0.00107. This signifies an +711.04% surge from the last price of $0.76.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $0.7325 | $0.539 | $0.6727 | -3.62% |
| February, 2030 | $0.4861 | $0.546 | $0.6776 | -36.04% |
| March, 2030 | $0.4409 | $0.4409 | $0.4547 | -41.99% |
| April, 2030 | $0.1918 | $0.2356 | $0.3672 | -74.76% |
| May, 2030 | $0.0666 | $0.1566 | $0.0752 | -91.24% |
| June, 2030 | $0.00131 | $0.00107 | $0.2811 | -99.83% |
| July, 2030 | $0.0978 | $0.0122 | $0.3043 | -87.14% |
| August, 2030 | $0.213 | $0.0416 | $0.313 | -71.97% |
| September, 2030 | $0.2921 | $0.1768 | $0.4321 | -61.57% |
| October, 2030 | $0.0699 | $0.1063 | $0.4059 | -90.80% |
| November, 2030 | $5.4714 | $0.0303 | $4.7918 | +619.92% |
| December, 2030 | $4.8468 | $5.3437 | $12.33 | +537.73% |
23.09%
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