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Megan Holdings Limited Ordinary Shares

MGN•NASDAQ
Industrials
Engineering & Construction
$0.21
$-0.01(-3.78%)
U.S. Market is Open • 13:52

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: 31.46)
Trend Strength:Strong (ADX: 34.03)
Volatility:High (ATR: 0.28)
Support/Resistance:$-2.33 – $4.42 (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): 31.46

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.05

Bearish
Momentum remains weak below midpoint.

Williams %R: -63.32

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 25.95

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: -0.63

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.03

Strong
Strong trend, momentum well established.

ATR (14): 0.28

Low
Low volatility, stable price action.

CCI (14): 15.69

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.42
Middle Band (SMA 20)
$1.05
Lower Band
$-2.33
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1.42
Middle Line (EMA 20)
$0.87
Lower Channel
$0.31
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 Volume469.72M
Money Flow Index89.54Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index53.67Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MGN shows bullish money flow, with volume and vigor supporting buyers.

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.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

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

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