


Technical Sentiment Analysis for Megan Holdings Ltd (MGN) As of 2026-07-08, Megan Holdings Ltd (MGN) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 3 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGN stands at 38.245, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0189, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 7.301 and the Commodity Channel Index (CCI) at -108.388 further confirm a -0.0476 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MGN is trading below its 60-day moving average of $0.166 and below its 200-day long-term moving average of $1.482. Key price levels to watch include the immediate resistance at $0.249 and strong support at $0.0899. A break above $0.249 could signal a bull continuation, while falling below $0.0899 may test the next Fibonacci floor at $0.0239.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.0692 | 0.0239 | 0.0899 | 0.183 | 0.249 | 0.342 | 0.408 |
| Fibonacci | 0.0239 | 0.0847 | 0.122 | 0.183 | 0.244 | 0.281 | 0.342 |
2026-07-08
| Name | Value |
|---|---|
| RSI_14 | 38.245 |
| STOCHk_14_3_3 | 7.301 |
| STOCHd_14_3_3 | 6.612 |
| CCI_20 | -108.388 |
| AO_5_34 | -0.0203 |
| MOM_10 | -0.0476 |
| MACD_12_26_9 | -0.0189 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.132 | Sell |
| MA_10 | 0.156 | Sell |
| MA_20 | 0.151 | Sell |
| MA_60 | 0.166 | Sell |
| MA_200 | 1.482 | Sell |
| MA_250 | 1.482 | Sell |