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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.

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Magyar Bancorp is 5040

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	12.17	12.17	12.17	12.17	0.159 times
04 Fri Oct 2024	12.29	12.29	12.29	12.29	0.099 times
03 Thu Oct 2024	12.31	12.29	12.32	12.29	0.099 times
01 Tue Oct 2024	12.42	12.38	12.42	12.34	0.952 times
30 Mon Sep 2024	12.32	12.26	12.34	12.26	0.317 times
27 Fri Sep 2024	12.57	12.55	12.57	12.25	1.071 times
26 Thu Sep 2024	12.39	12.48	12.48	12.15	1.032 times
25 Wed Sep 2024	12.48	12.26	12.52	12.26	1.528 times
24 Tue Sep 2024	12.45	12.48	12.58	12.36	0.813 times
23 Mon Sep 2024	12.44	12.40	12.44	12.38	0.278 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.2, but if it comes above 12.2, then a intra day buy could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 12.1 as target. However if you take a buy trade in stock , then use 12.2 as stoploss and 12.32 as target.

Share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Target	10.67
Downside Target	10.95
Downside Target	11.50
Downside Target	12.15
Upside Target	12.35
Upside Target	12.42
Upside Target	12.50
Upside Target	12.58
Upside Target	12.61
Upside Target	12.71

Intraday share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Intraday Target	12.17
Downside Intraday Target	12.17
Downside Intraday Target	12.17
Downside Intraday Target	12.17
Downside Intraday Target	12.17

Weekly technical analysis of Magyar Bancorp (MGYR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	12.17	12.17	12.17	12.17	0.108 times
04 Fri Oct 2024	12.29	12.26	12.42	12.26	0.311 times
27 Fri Sep 2024	12.57	12.40	12.58	12.15	0.73 times
20 Fri Sep 2024	12.50	12.15	12.50	12.15	2.05 times
13 Fri Sep 2024	12.23	12.34	12.35	12.15	1.758 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
07 Mon Oct 2024	12.17	12.38	12.42	12.17	0.08 times
30 Mon Sep 2024	12.32	12.30	12.58	12.15	1.032 times
30 Fri Aug 2024	12.40	12.60	12.61	12.15	0.39 times
31 Wed Jul 2024	12.64	10.95	12.71	10.95	4.407 times

Scroll below to view daily charts

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)

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a short 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 short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Magyar Bancorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magyar Bancorp in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.44 and Magyar Bancorp (MGYR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.