


Technical Sentiment Analysis for Megan Holdings Ltd (MGN) As of 2026-06-18, Megan Holdings Ltd (MGN) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 0 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 36.139, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0384, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 28.879 and the Commodity Channel Index (CCI) at -82.917 further confirm a -0.0034 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MGN is trading below its 60-day moving average of $0.242 and below its 200-day long-term moving average of $1.568. Key price levels to watch include the immediate resistance at $0.162 and strong support at $0.131. A break above $0.162 could signal a bull continuation, while falling below $0.131 may test the next Fibonacci floor at $0.116.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0998 | 0.116 | 0.131 | 0.147 | 0.162 | 0.178 | 0.192 |
| Fibonacci | 0.116 | 0.128 | 0.135 | 0.147 | 0.159 | 0.166 | 0.178 |
2026-06-18
| Name | Value |
|---|---|
| RSI_14 | 36.139 |
| STOCHk_14_3_3 | 28.879 |
| STOCHd_14_3_3 | 41.964 |
| CCI_20 | -82.917 |
| AO_5_34 | -0.00644 |
| MOM_10 | -0.0034 |
| MACD_12_26_9 | -0.0384 |
2026-06-18
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.147 | Sell |
| MA_10 | 0.145 | Sell |
| MA_20 | 0.149 | Sell |
| MA_60 | 0.242 | Sell |
| MA_200 | 1.568 | Sell |
| MA_250 | 1.568 | Sell |