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Megan Holdings Limited Ordinary Shares

MGN•NASDAQ
Industrials
Engineering & Construction
$0.15
$-0.01(-8.56%)
U.S. Market is Open • 14:15

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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 30.70)
Trend Strength:Strong (ADX: 33.33)
Volatility:High (ATR: 0.10)
Support/Resistance:$0.14 – $0.24 (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): 30.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.78

Bearish
Momentum remains weak below midpoint.

Williams %R: -85.52

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -30.43

Strongly Bearish
Sharp downside momentum.

Takeaway:Megan Holdings Limited Ordinary Shares shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.33

Strong
Strong trend, momentum well established.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -112.28

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Megan Holdings Limited Ordinary Shares shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.19
Lower Band
$0.14
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.51
Middle Line (EMA 20)
$0.31
Lower Channel
$0.12
Squeeze Status
Squeeze On

Takeaway:Megan Holdings Limited Ordinary Shares trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume465.40M
Money Flow Index11.73Bullish, oversold conditions signal rebound potential.
Relative Vigor Index48.62Neutral to Bearish, sellers hold a slight edge.

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, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Megan Holdings Limited Ordinary Shares shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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