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 $3.60. 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)	29.15	Buy
STOCH(9,6)	48.10	Neutral
STOCHRSI(14)	96.32	Sell
MACD(12,26)	-18.33	Buy
ADX(14)	19.45	Neutral
William %R	-25.71	Neutral
CCI(14)	30.96	Neutral

Buy: 2 Sell: 1 Neutral: 4

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	3.8505 Sell	4.1424 Sell
MA20	2.8606 Buy	13.53 Sell
MA50	72.90 Sell	87.41 Sell
MA100	152.77 Sell	394.85 Sell
MA200	1,376.73 Sell	1,357.02 Sell

Buy: 1 Sell: 9 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, 10 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 29.15 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 48.1 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 96.32 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 19.45 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 30.96 indicates that MGN is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.