MEIRAGTX HOLDINGS PLC (MGTX) Stock Technical Analysis

USA • Nasdaq • NASDAQ:MGTX • KYG596651029

7.83 USD
+0.22 (+2.89%)
At close: Feb 2, 2026
7.83 USD
0 (0%)
After Hours: 2/2/2026, 8:23:03 PM
Technical Rating and Analysis

4

Taking everything into account, MGTX scores 4 out of 10 in our technical rating. MGTX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

  • The long and short term trends are both neutral. This gives a pretty neutral overall picture!
  • When compared to the yearly performance of all other stocks, MGTX outperforms 50% of them, which is more or less in line with the market.
  • MGTX is part of the Biotechnology industry. There are 524 other stocks in this industry, MGTX did better than 54% of them.
  • MGTX is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So MGTX is doing better than the market!
  • In the last month MGTX has a been trading in the 7.00 - 8.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MEIRAGTX HOLDINGS PLC / MGTX Weekly stock chart
MEIRAGTX HOLDINGS PLC / MGTX Daily stock chart
Setup Rating and Analysis

5

MGTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

Support and Resistance Analysis

6.10

9.02

3 important support areas can be observed.

  • A support zone ranging from 7.65 to 7.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.23 to 7.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.16 from a trend line in the weekly time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 7.83 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.11 to 8.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.62 from a trend line in the daily time frame.
  • A resistance zone ranging from 8.90 to 8.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MGTX is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MGTX is neutral.
ChartMill Relative Strength50.69NEUTRALMGTX is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MGTX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of MGTX is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MGTX is above the rising SMA(200).
Relative Strength Index/RSI (14)50.36NEUTRALThe RSI value for MGTX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests MGTX has a positive trend, although the MACD value is declining.
Stochastics (14,3)53.42NEUTRALThe Stochastics value for MGTX is a neutral value.
Average True Range in percent/ATR (20)5.23HIGH VOLATILITYThe high ATR as a percentage value for MGTX suggests high volalility.
Average Directional Index/ADX (14)8.76NEGATIVEThe low ADX value for MGTX suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MEIRAGTX HOLDINGS PLC / MGTX Daily stock chart

MEIRAGTX HOLDINGS PLC

NASDAQ:MGTX (2/2/2026, 8:23:03 PM)

After market: 7.83 0 (0%)

7.83

+0.22 (+2.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.89%
1 Week-2.13%
2 Weeks5.53%
1 Month0.26%
3 Month-7.56%
6 Month-0.63%
12 Month14.98%
2 Year26.9%
3 Year1.42%
5 Year-47.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%5.23%
ATR Inc12.96%
Range Today0.52
ADR(20)0.41
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.69
3 months CRS21.76
6 months CRS31.68
Mansfield-0.37
10 Day High8.35
10 Day Low7.08
20 Day High8.35
20 Day Low7
52 Week High9.73
52 Week Low4.55
CS1 End7.69
CR1 Start7.83
Volume & EV
DER(3)0.68%
DER(5)0.66%
Volume490.50K
Volume Incr-19.57%
Vol(5)342.06K
Vol(50)509.47K

MEIRAGTX HOLDINGS PLC / MGTX FAQ

Can you provide the ChartMill technical rating for MEIRAGTX HOLDINGS PLC?

ChartMill assigns a technical rating of 4 / 10 to MGTX.


What is the trend direction for MGTX stock?

The current trend direction for MEIRAGTX HOLDINGS PLC (MGTX) is Bearish.


Can you provide the RSI signal for MEIRAGTX HOLDINGS PLC?

MEIRAGTX HOLDINGS PLC (MGTX) has an RSI value of 50.355. This indicates that the stock is currently neutral.


What is the short term momentum for MGTX stock?

The short term momentum for MEIRAGTX HOLDINGS PLC (MGTX) is neutral.


What is the support and resistance level for MGTX stock?

MEIRAGTX HOLDINGS PLC (MGTX) has a support level at 7.69 and a resistance level at 7.83. Check the full technical report for our detailed analysis of MGTX support and resistance levels.