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(MGYR) Magyar Bancorp complete technical analysis [charts+indicators] | Buy/Sell Magyar Bancorp | (MGYR) share price targets

Complete technical analysis of Magyar Bancorp (MGYR) by charts plus indicators, forecast predictions and share price targets for Magyar Bancorp (MGYR)

Magyar Bancorp trades in USA in Finance sector.

10 day averaged volume of Magyar Bancorp is 2616

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 11.06 11.08 11.08 11.06 0.261 times
16 Thu May 2024 11.05 11.08 11.08 11.05 2.166 times
15 Wed May 2024 11.10 11.10 11.10 11.10 0.195 times
14 Tue May 2024 11.07 11.02 11.08 11.02 0.612 times
13 Mon May 2024 11.06 11.05 11.10 11.05 0.688 times

My analysis of stock is bearish for shortterm, and stock might move down till 10.9 or till 10.8. Use a stoploss of 11.07 and if the stock hits stoploss, then it can shoot up till 11.21

Share price targets for Magyar Bancorp (MGYR)

Target Type Value
Downside Target 10.30
Downside Target 10.68
Upside Target 11.24
Upside Target 11.26
Upside Target 11.39
Upside Target 11.40
Upside Target 11.44
Upside Target 11.60
Upside Target 11.85
Upside Target 12.00

Intraday share price targets for Magyar Bancorp (MGYR)

Target Type Value
Downside Intraday Target 11.02
Downside Intraday Target 10.98
Upside Intraday Target 11.1
Upside Intraday Target 11.14
Downside Intraday Target 11.06

Weekly technical analysis of Magyar Bancorp (MGYR)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 11.06 11.05 11.10 11.02 0.645 times
10 Fri May 2024 11.07 11.07 11.26 10.77 0.539 times
03 Fri May 2024 10.99 11.05 11.39 10.76 6.705 times
26 Fri Apr 2024 11.39 10.83 11.40 10.81 0.667 times
19 Fri Apr 2024 10.99 10.77 11.24 10.75 0.391 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Magyar Bancorp (MGYR)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 11.06 11.09 11.26 10.76 0.535 times
30 Tue Apr 2024 11.39 11.10 11.44 10.68 0.585 times
28 Thu Mar 2024 11.12 11.30 11.60 10.30 1.574 times
29 Thu Feb 2024 11.28 11.53 12.00 11.10 0.97 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Magyar Bancorp (MGYR)

Indicator Name Indicator Value Indicator Signal
ADX 29, 35, 9 Sell
MACD -0, -0Sell
Stochastics 62None
CCI 25Buy
RSI 47Sell
OBV -22771Sell
VWAP 11Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Magyar Bancorp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Magyar Bancorp in short term and the sell signal is strong.

Magyar Bancorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magyar Bancorp in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Magyar Bancorp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.01 and Magyar Bancorp (MGYR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Magyar Bancorp (MGYR) stock. Volume based technical analysis of Magyar Bancorp (MGYR) stock is negative.

Magyar Bancorp Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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