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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
$0.10
$0.003(2.55%)
U.S. Market opens in 47h 5m

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:Neutral to Bearish (RSI: 47.75)
Trend Strength:Strong (ADX: 36.01)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.05 – $0.15 (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): 47.75

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.60

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.73

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 33.89

Strongly Bullish
Strong upside momentum.

Takeaway:Megan Holdings Limited Ordinary Shares shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 36.01

Strong
Strong trend, momentum well established.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -24.11

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.15
Middle Band (SMA 20)
$0.10
Lower Band
$0.05
Current Position
Within Bands

Takeaway:Megan Holdings Limited Ordinary Shares trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.17
Middle Line (EMA 20)
$0.11
Lower Channel
$0.05
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 Volume1.71B
Money Flow Index93.91Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index34.96Bearish, price momentum favors sellers.

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 (NASDAQ: MGN), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

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