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Mega Fortune Company Limited

MGRT•NASDAQ
Technology
Electronic Gaming & Multimedia
$6.26
$0.10(1.62%)
U.S. Market is Open • 14:33

Mega Fortune Company Limited (MGRT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mega Fortune Company Limited (NASDAQ:MGRT).

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

MGRT Technical Analysis Summary

Mega Fortune Company Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.88)
Trend Strength:Very Strong (ADX: 53.15)
Volatility:High (ATR: 1.28)
Support/Resistance:$3.28 – $9.36 (Bollinger Bands)

Technical conditions suggest Mega Fortune Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.88

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.46

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.51

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 13.61

Strongly Bullish
Strong upside momentum.

Takeaway:Mega Fortune Company Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 53.15

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.28

Low
Low volatility, stable price action.

CCI (14): -20.01

Bearish
Bearish, momentum remains under pressure.

Takeaway:Mega Fortune Company Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.36
Middle Band (SMA 20)
$6.32
Lower Band
$3.28
Current Position
Within Bands

Takeaway:Mega Fortune Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$9.03
Middle Line (EMA 20)
$6.47
Lower Channel
$3.90
Squeeze Status
No Squeeze

Takeaway:Mega Fortune Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.68M
Money Flow Index84.10Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index43.36Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGRT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Mega Fortune Company Limited, 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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mega Fortune Company Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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