MAGYAR BANCORP INC (MGYR) Stock Technical Analysis
USA - NASDAQ:MGYR - US55977T2087 - Common Stock
Taking everything into account, MGYR scores 4 out of 10 in our technical rating. MGYR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MGYR has an average technical rating and also the quality of the setup is 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.
More info and screens
15.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.47 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.46 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.86 to 17.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.50 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for MGYR is down. |
| ChartMill Relative Strength | 75.02 | POSITIVE | MGYR has a high relative strength, it outperformed 75.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGYR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGYR is below 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) | 40.99 | NEUTRAL | The RSI value for MGYR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MGYR has a negative trend. |
| Stochastics (14,3) | 36.36 | NEUTRAL | The Stochastics value for MGYR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for MGYR suggests low volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for MGYR suggests a weak or negative trend. |
NASDAQ:MGYR (11/14/2025, 8:02:49 PM)
16.57
-0.28 (-1.66%)
MAGYAR BANCORP INC / MGYR FAQ
Can you provide the ChartMill technical rating for MAGYAR BANCORP INC?
ChartMill assigns a technical rating of 4 / 10 to MGYR.
What is the current trend direction of MAGYAR BANCORP INC (MGYR) stock?
The current trend direction for MAGYAR BANCORP INC (MGYR) is Bullish.
What is the RSI signal for MAGYAR BANCORP INC (MGYR) stock?
MAGYAR BANCORP INC (MGYR) has an RSI value of 40.9912. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAGYAR BANCORP INC?
The MACD indicator for MAGYAR BANCORP INC (MGYR) has a value of -0.0144029, indicating a bearish trend.
Can you provide the buy/sell signal for MAGYAR BANCORP INC?
The buy/sell signal for MAGYAR BANCORP INC (MGYR) is hold as the short term and long term trends are mixed.