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 $136.02. 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)	92.34	Sell
STOCH(9,6)	76.54	Neutral
STOCHRSI(14)	84.05	Sell
MACD(12,26)	29.57	Buy
ADX(14)	71.43	Buy
William %R	-20.84	Neutral
CCI(14)	135.70	Buy

Buy: 3 Sell: 2 Neutral: 2

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	82.92 Buy	90.39 Buy
MA20	47.39 Buy	62.87 Buy
MA50	23.38 Buy	34.62 Buy
MA100	14.97 Buy	21.53 Buy
MA200	9.455 Buy	0.00 Buy

Buy: 10 Sell: 0 Neutral: 0

Summary: Buy

According to our latest analysis, MGRT could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 2 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on MGRT, as trading bullish markets is always a lot easier

RSI (Relative Strength Index): The RSI(14) value of 92.34 indicates that MGRT is overbought. This suggests that MGRT price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
STOCH (Stochastic Oscillator): The STOCH value of 76.54 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 84.05 indicates that MGRT is oversold. This suggests that MGRT 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 71.43 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 135.7 indicates that MGRT is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.