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Mega Fortune Company Limited

MGRT Technical Analysis Summary (NASDAQ)

Analyze MGRT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGRT●NASDAQ
TechnologyInformation Technology Services
$120.00
$2.00(1.69%)
U.S. Market opens in NaNh NaNm

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 (NASDAQ)

Mega Fortune Company Limited (NASDAQ: MGRT) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.96)
Trend Strength:Very Strong (ADX: 63.57)
Volatility:Medium (ATR: 4.83)
Support/Resistance:$107.25 – $127.00 (Bollinger Bands)

Technical conditions suggest Mega Fortune Company Limited on the NASDAQ is awaiting a decisive move. This mix signals that Mega Fortune Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 61.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 27.96

Bearish
Momentum remains weak below midpoint.

Williams %R: -86.36

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.69

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 5.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 63.57

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 4.83

Medium
Medium volatility, healthy price movement.

CCI (14): -14.98

Neutral
Neutral, no strong directional signal.

Takeaway:Mega Fortune Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$127.00
Middle Band (SMA 20)
$117.12
Lower Band
$107.25
Current Position
Within Bands

Takeaway:Mega Fortune Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$125.39
Middle Line (EMA 20)
$115.72
Lower Channel
$106.05
Squeeze Status
No Squeeze

Takeaway:Mega Fortune Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-215.26K
Money Flow Index48.24Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.77Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGRT shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Mega Fortune Company Limited (NASDAQ: MGRT), 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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Mega Fortune Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MGRT) Technical Analysis FAQ