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Mega Fortune Company Limited

MGRT Technical Analysis Summary (NASDAQ)

Analyze MGRT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGRT●NASDAQ
TechnologyInformation Technology Services
$97.40
$1.40(1.42%)
U.S. Market is Open · 14:16

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGRT Technical Analysis Summary (NASDAQ)

Mega Fortune Company Limited (NASDAQ: MGRT) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.50)
Trend Strength:Moderate (ADX: 28.74)
Volatility:High (ATR: 5.63)
Support/Resistance:$92.05 – $101.45 (Bollinger Bands)

Technical conditions suggest Mega Fortune Company Limited on the NASDAQ is awaiting a decisive move. Overall, Mega Fortune Company Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.50

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 64.66

Bullish
Buying momentum building without extremes.

Williams %R: -20.94

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.12

Bullish
Steady upward momentum.

Takeaway:Mega Fortune Company Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.63

High
High volatility, wide price fluctuations.

CCI (14): 87.46

Bullish
Bullish, momentum building upward.

Takeaway:Mega Fortune Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$101.45
Middle Band (SMA 20)
$96.75
Lower Band
$92.05
Current Position
Within Bands

Takeaway:Mega Fortune Company Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$106.55
Middle Line (EMA 20)
$95.28
Lower Channel
$84.02
Squeeze Status
Squeeze On

Takeaway:Mega Fortune Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-360.23K
Money Flow Index43.11Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.21Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MGRT shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Mega Fortune Company Limited (NASDAQ: MGRT), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Mega Fortune Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MGRT) Technical Analysis FAQ