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 $0.1401. 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)	37.40	Neutral
STOCH(9,6)	48.47	Neutral
STOCHRSI(14)	93.24	Sell
MACD(12,26)	-0.0465	Buy
ADX(14)	24.46	Neutral
William %R	-32.26	Neutral
CCI(14)	47.35	Neutral

Buy: 1 Sell: 1 Neutral: 5

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	0.1464 Buy	0.1495 Buy
MA20	0.1527 Buy	0.1648 Sell
MA50	0.1755 Sell	0.438 Sell
MA100	1.2046 Sell	0.9068 Sell
MA200	1.3963 Sell	0.00 Buy

Buy: 4 Sell: 6 Neutral: 0

Summary: Sell

According to our latest analysis, MGN could be considered a Moderate Sell, with 17 technical analysis indicators signaling 5 Buy signals, 7 signaling Sell signals and 5 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 37.4 indicates that MGN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 48.47 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 93.24 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 24.46 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 47.35 indicates that MGN is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.