Overall MGYR gets a technical rating of 7 out of 10. Although MGYR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, MGYR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.54, 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
15.78
2 important support areas can be observed.
- A support zone ranging from 16.46 to 17.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.75 to 17.75. 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 | UP | POSITIVE | The short term trend for MGYR is up. |
| ChartMill Relative Strength | 71.38 | POSITIVE | MGYR has a high relative strength, it outperformed 71.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGYR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGYR is above the rising 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) | 55.98 | NEUTRAL | The RSI value for MGYR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MGYR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.76 | NEUTRAL | The Stochastics value for MGYR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for MGYR suggests low volalility. |
| Average Directional Index/ADX (14) | 29.9 | POSITIVE | The high ADX value value for MGYR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.76 | 17.27 | 0.49 (2.76%) | 25.00% |
| An entry @17.76. This is a Buy Stop order right above the resistance zone. | An exit @17.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 2.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MGYR (1/8/2026, 8:00:04 PM)
17.553
+0.13 (+0.76%)
MAGYAR BANCORP INC / MGYR FAQ
Can you provide the ChartMill technical rating for MAGYAR BANCORP INC?
ChartMill assigns a technical rating of 7 / 10 to MGYR.
What is the trend direction for 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 55.9818. This indicates that the stock is currently neutral.
What is the short term momentum for MAGYAR BANCORP INC (MGYR) stock?
The short term momentum for MAGYAR BANCORP INC (MGYR) is positive.
What is the support and resistance level for MGYR stock?
MAGYAR BANCORP INC (MGYR) has a support level at 17.54 and a resistance level at 17.75. Check the full technical report for our detailed analysis of MGYR support and resistance levels.