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MAGYAR BANCORP INC (MGYR) Stock Technical Analysis

NASDAQ:MGYR - Nasdaq - US55977T2087 - Common Stock - Currency: USD

15.1  +0.03 (+0.2%)

Technical Rating and Analysis

10

Overall MGYR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MGYR has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: MGYR has an average volume of 3596 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MGYR is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, MGYR also shows a nice and consistent pattern of rising prices.
MGYR is one of the better performing stocks in the Banks industry, it outperforms 85% of 396 stocks in the same industry.
MGYR is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MGYR is leading the market.
In the last month MGYR has a been trading in the 13.62 - 15.24 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MAGYAR BANCORP INC / MGYR Weekly stock chart
MAGYAR BANCORP INC / MGYR Daily stock chart
Setup Rating and Analysis

3

Although MGYR 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.

Support and Resistance Analysis

13.47

15.26

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 14.18 to 14.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.61 to 13.86. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 15.11 to 15.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.09
Mansfield0.97
10 Day High15.24
10 Day Low14.1
20 Day High15.24
20 Day Low13.62
52 Week High15.24
52 Week Low10.66
Performance
1 Week2.72%
2 Weeks5.23%
1 Month10.22%
3 Month3.42%
6 Month17.33%
12 Month36.53%
2 Year48.78%
3 Year26.57%
5 Year69.66%
10 Year70.81%
15 Year251.98%
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)65.45
LBB13.75
UBB15.22
MAGYAR BANCORP INC / MGYR Daily stock chart

MAGYAR BANCORP INC

NASDAQ:MGYR (5/16/2025, 8:03:57 PM)

15.1

+0.03 (+0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.2%
1 Week2.72%
2 Weeks5.23%
1 Month10.22%
3 Month3.42%
6 Month17.33%
12 Month36.53%
2 Year48.78%
3 Year26.57%
5 Year69.66%
10 Year70.81%
15 Year251.98%
Volatility
ATR(14)0.36
ATR(20)%2.21%
ATR Inc11.44%
Range Today0.14
ADR(20)0.26
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.09
Mansfield0.97
10 Day High15.24
10 Day Low14.1
20 Day High15.24
20 Day Low13.62
52 Week High15.24
52 Week Low10.66
CS1 End14.33
CR1 Start15.11
Volume & EV
DER(3)3.4%
DER(5)3.01%
Volume4.20K
Volume Incr240.18%
Vol(5)9.44K
Vol(50)3.60K