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Megan Holdings Limited Ordinary Shares

MGN•NASDAQ
Industrials
Engineering & Construction
$3.53
$0.27(8.28%)
U.S. Market opens in 1h 50m

Megan Holdings Limited Ordinary Shares (MGN) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Megan Holdings Limited Ordinary Shares (NASDAQ:MGN).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGN Technical Analysis Summary

Megan Holdings Limited Ordinary Shares stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.01)
Trend Strength:Weak (ADX: 19.09)
Volatility:High (ATR: 0.37)
Support/Resistance:$1.31 – $3.35 (Bollinger Bands)

This mix signals that Megan Holdings Limited Ordinary Shares is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 64.01

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.63

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.09

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 43.69

Strongly Bullish
Strong upside momentum.

Takeaway:Megan Holdings Limited Ordinary Shares shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.28

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.09

Weak
Weak trend, market trading sideways.

ATR (14): 0.37

Low
Low volatility, stable price action.

CCI (14): 72.49

Bullish
Bullish, momentum building upward.

Takeaway:Megan Holdings Limited Ordinary Shares shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.35
Middle Band (SMA 20)
$2.33
Lower Band
$1.31
Current Position
Above Upper Band

Takeaway:Megan Holdings Limited Ordinary Shares trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$3.20
Middle Line (EMA 20)
$2.45
Lower Channel
$1.70
Squeeze Status
No Squeeze

Takeaway:Megan Holdings Limited Ordinary Shares trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume668.40K
Money Flow Index61.65Bullish, inflows support continued momentum.
Relative Vigor Index46.45Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Megan Holdings Limited Ordinary Shares, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Megan Holdings Limited Ordinary Shares are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ