Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Megan Holdings Limited Ordinary Shares

MGN Technical Analysis Summary (NASDAQ)

Analyze MGN on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGN●NASDAQ
IndustrialsEngineering & Construction
$0.07
$0.01(16.20%)
U.S. Market opens in 33h 39m

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 (NASDAQ)

Megan Holdings Limited Ordinary Shares (NASDAQ: MGN) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 27.97)
Trend Strength:Weak (ADX: 17.93)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.07 – $0.17 (Bollinger Bands)

Technical conditions suggest Megan Holdings Limited Ordinary Shares on the NASDAQ is awaiting a decisive move. This mix signals that Megan Holdings Limited Ordinary Shares is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 27.97

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 7.73

Bullish
Oversold zone signals rebound potential.

Williams %R: -81.69

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -45.91

Strongly Bearish
Sharp downside momentum.

Takeaway:Megan Holdings Limited Ordinary Shares shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.93

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -200.47

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.17
Middle Band (SMA 20)
$0.12
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Megan Holdings Limited Ordinary Shares trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.15
Middle Line (EMA 20)
$0.11
Lower Channel
$0.08
Squeeze Status
No Squeeze

Takeaway:Megan Holdings Limited Ordinary Shares trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume584.38M
Money Flow Index20.81Bearish, selling pressure outweighs inflows.
Relative Vigor Index24.93Bearish, price momentum favors sellers.

Overall Takeaway:MGN shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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.

(NASDAQ: MGN) Technical Analysis FAQ