MEGA FORTUNE CO LTD (MGRT) Technical Analysis
NASDAQ:MGRT • KYG6005A1022
Current stock price
MGRT Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to MGRT. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MGRT is a bad performer.
- When comparing the yearly performance of all stocks, MGRT is a bad performer in the overall market: 100% of all stocks are doing better.
- MGRT is one of the lesser performing stocks in the IT Services industry. 89% of 88 stocks in the same industry do better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month MGRT has a been trading in the 6.11 - 170.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MGRT Weekly and Daily overview Charts
MGRT Setup Rating and Analysis
Although MGRT has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
MGRT Support and Resistance Analysis
138.60
MGRT Technical Indicator Signal Analysis
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 MGRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGRT is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MGRT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGRT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 92.64 | OVERBOUGHT | The high RSI value suggests MGRT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.99 | POSITIVE | The MACD value suggests MGRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.51 | OVERBOUGHT | The high Stochastics value suggests MGRT may be overbought. |
| Average True Range in percent/ATR (20) | 13.73 | HIGH VOLATILITY | The high ATR as a percentage value for MGRT suggests high volalility. |
| Average Directional Index/ADX (14) | 72.89 | POSITIVE | The high ADX value value for MGRT suggests a strong trend. |
MGRT Chart- and CandleStick Pattern Analysis
MGRT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MGRT (4/22/2026, 8:00:01 PM)
140
+3.98 (+2.93%)
MEGA FORTUNE CO LTD / MGRT TA FAQ
What is the technical rating for MGRT stock?
ChartMill assigns a technical rating of 7 / 10 to MGRT.
Can you provide the trend direction for MEGA FORTUNE CO LTD?
The current trend direction for MEGA FORTUNE CO LTD (MGRT) is Bullish.
What is the RSI signal for MGRT stock?
MEGA FORTUNE CO LTD (MGRT) has an RSI value of 92.6397. This indicates that the stock is currently overbought.
Can you provide the MACD signal for MEGA FORTUNE CO LTD?
The MACD indicator for MEGA FORTUNE CO LTD (MGRT) has a value of 10.9905, indicating a bullish trend.
Can you provide the buy/sell signal for MEGA FORTUNE CO LTD?
The buy/sell signal for MEGA FORTUNE CO LTD (MGRT) is buy as both the short term and long term trends are positive.