USA - NASDAQ:MGN - KYG5980E1052 - Common Stock
Taking everything into account, MGN scores 1 out of 10 in our technical rating. In the last year, MGN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
MGN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.48
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MGN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MGN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGN is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 29.96 | OVERSOLD | The low RSI value suggests MGN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.62 | OVERSOLD | The low Stochastics value suggests MGN may be oversold. |
| Average True Range in percent/ATR (20) | 17.98 | HIGH VOLATILITY | The high ATR as a percentage value for MGN suggests high volalility. |
| Average Directional Index/ADX (14) | 30.09 | POSITIVE | The high ADX value value for MGN suggests a strong trend. |
NASDAQ:MGN (11/12/2025, 10:52:25 AM)
1.49
-0.01 (-0.67%)
ChartMill assigns a technical rating of 1 / 10 to MGN.
The current trend direction for MEGAN HOLDINGS LTD (MGN) is Bullish.
MEGAN HOLDINGS LTD (MGN) has an RSI value of 29.9552. This indicates that the stock is currently oversold.
The MACD indicator for MEGAN HOLDINGS LTD (MGN) has a value of -0.0984418, indicating a bearish trend.
The short term momentum for MEGAN HOLDINGS LTD (MGN) is negative.