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 $0.1023. 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)	26.97	Buy
STOCH(9,6)	21.07	Neutral
STOCHRSI(14)	25.98	Neutral
MACD(12,26)	-0.4912	Sell
ADX(14)	34.00	Buy
William %R	-99.96	Buy
CCI(14)	-339.76	Sell

Buy: 3 Sell: 2 Neutral: 2

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	3.842 Sell	3.4797 Sell
MA20	3.9346 Sell	3.8898 Sell
MA50	4.769 Sell	6.2779 Sell
MA100	5.9026 Sell	16.88 Sell
MA200	44.18 Sell	44.42 Sell

Buy: 0 Sell: 10 Neutral: 0

Summary: Sell

According to our latest analysis, MGN could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 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 26.97 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 21.07 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 25.98 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 34 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 -339.76 indicates that MGN is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.