Advertisement
Mega Fortune Company Limited

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

Live technical indicators, trading signals, and momentum insights for Mega Fortune Company Limited.

MGRTNASDAQ
TechnologyElectronic Gaming & Multimedia
$74.01
$0.00(0.00%)
U.S. Market opens in NaNh NaNm
Advertisement

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

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.14)
Trend Strength:Moderate (ADX: 27.09)
Volatility:High (ATR: 10.99)
Support/Resistance:$49.99 – $130.76 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 36.14

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.76

Neutral
Mid-range signal with no clear trend.

Williams %R: -60.14

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -15.12

Strongly Bearish
Sharp downside momentum.

Takeaway:Mega Fortune Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -9.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 10.99

Rising
Rising volatility, market activity increasing.

CCI (14): -99.68

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
$130.76
Middle Band (SMA 20)
$90.37
Lower Band
$49.99
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$110.25
Middle Line (EMA 20)
$88.27
Lower Channel
$66.29
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 Volume3.43M
Money Flow Index34.61Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.26Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGRT shows bearish money flow, with sellers dominating volume and vigor.

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.

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

Bearish Signals

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

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.

Technical Analysis FAQ