MAGYAR BANCORP INC (MGYR) Technical Analysis
NASDAQ:MGYR • US55977T2087
Current stock price
MGYR Technical Rating and Analysis
Overall MGYR gets a technical rating of 4 out of 10. MGYR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- Warning: MGYR has an average volume of 7026 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month MGYR has a been trading in the 16.03 - 18.00 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, MGYR outperforms 60% of them, which is more or less in line with the market.
- MGYR is part of the Banks industry. There are 376 other stocks in this industry, MGYR did better than 40% of them.
- MGYR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGYR is lagging the market.
- Considerably lower volume is observed in the last couple of days.
MGYR Weekly and Daily overview Charts
MGYR Setup Rating and Analysis
MGYR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MGYR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MGYR Support and Resistance Analysis
15.61
We found 5 important support areas.
- A support zone ranging from 17.38 to 17.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.95 from a horizontal line in the daily time frame.
- A support zone ranging from 16.38 to 16.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.10 to 16.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @17.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.45 to 18.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
MGYR 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 MGYR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGYR is neutral. |
| ChartMill Relative Strength | 60.99 | NEUTRAL | MGYR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MGYR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MGYR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGYR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.29 | NEUTRAL | The RSI value for MGYR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MGYR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for MGYR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for MGYR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for MGYR suggests a weak or negative trend. |
MGYR Chart- and CandleStick Pattern Analysis
MGYR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MGYR (4/21/2026, 1:31:10 PM)
17.745
+0.26 (+1.46%)
MAGYAR BANCORP INC / MGYR TA FAQ
Can you provide the ChartMill technical rating for MAGYAR BANCORP INC?
ChartMill assigns a technical rating of 4 / 10 to MGYR.
Can you provide the trend direction for MAGYAR BANCORP INC?
The current trend direction for MAGYAR BANCORP INC (MGYR) is Bullish.
Can you provide the RSI signal for MAGYAR BANCORP INC?
MAGYAR BANCORP INC (MGYR) has an RSI value of 49.2872. This indicates that the stock is currently neutral.
What is the MACD signal for MAGYAR BANCORP INC (MGYR) stock?
The MACD indicator for MAGYAR BANCORP INC (MGYR) has a value of 0.0378233, indicating a bearish trend.
Can you provide the short term momentum for MAGYAR BANCORP INC?
The short term momentum for MAGYAR BANCORP INC (MGYR) is neutral.