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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
$3.73
$0.05(1.32%)
U.S. Market opens in 11h 22m

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 (RSI: 66.48)
Trend Strength:Very Strong (ADX: 56.33)
Volatility:High (ATR: 0.62)
Support/Resistance:$-1.36 – $6.28 (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): 66.48

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 68.86

Bullish
Buying momentum building without extremes.

Williams %R: -33.11

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1252.43

Strongly Bullish
Strong upside momentum.

Takeaway:Megan Holdings Limited Ordinary Shares shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.96

Bullish
Bullish, trend momentum is strengthening.

ADX: 56.33

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.62

Low
Low volatility, stable price action.

CCI (14): 13.51

Neutral
Neutral, no strong directional signal.

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
$6.28
Middle Band (SMA 20)
$2.46
Lower Band
$-1.36
Current Position
Within Bands

Takeaway:Megan Holdings Limited Ordinary Shares trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4.02
Middle Line (EMA 20)
$2.79
Lower Channel
$1.56
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume1.66B
Money Flow Index10.36Bullish, oversold conditions signal rebound potential.
Relative Vigor Index42.29Neutral to Bearish, sellers hold a slight edge.

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

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.

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

Bearish Signals

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