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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
$0.28
$0.18(174.70%)
U.S. Market opens in 6h 2m

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 bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 79.30)
Trend Strength:Very Strong (ADX: 54.72)
Volatility:High (ATR: 0.08)
Support/Resistance:$0.04 – $0.19 (Bollinger Bands)

Technical conditions suggest Megan Holdings Limited Ordinary Shares on the NASDAQ is awaiting a decisive move. Overall, Megan Holdings Limited Ordinary Shares remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 79.30

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 20.69

Bearish
Momentum remains weak below midpoint.

Williams %R: -74.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 174.05

Strongly Bullish
Strong upside momentum.

Takeaway:Megan Holdings Limited Ordinary Shares shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 54.72

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 443.44

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Megan Holdings Limited Ordinary Shares shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.19
Middle Band (SMA 20)
$0.12
Lower Band
$0.04
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
$0.28
Middle Line (EMA 20)
$0.13
Lower Channel
$-0.03
Squeeze Status
Squeeze On

Takeaway:Megan Holdings Limited Ordinary Shares trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.13B
Money Flow Index99.22Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index67.71Bullish, price momentum strongly favors buyers.

Overall Takeaway:MGN shows overheated money flow, with risk of pullback from overbought conditions.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Megan Holdings Limited Ordinary Shares currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: MGN) Technical Analysis FAQ