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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 5620

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	12.57	12.55	12.57	12.25	0.961 times
26 Thu Sep 2024	12.39	12.48	12.48	12.15	0.925 times
25 Wed Sep 2024	12.48	12.26	12.52	12.26	1.37 times
24 Tue Sep 2024	12.45	12.48	12.58	12.36	0.73 times
23 Mon Sep 2024	12.44	12.40	12.44	12.38	0.249 times
20 Fri Sep 2024	12.50	12.30	12.50	12.26	3.416 times
19 Thu Sep 2024	12.26	12.16	12.36	12.16	0.427 times
18 Wed Sep 2024	12.15	12.17	12.36	12.15	1.423 times
17 Tue Sep 2024	12.30	12.17	12.30	12.15	0.427 times
16 Mon Sep 2024	12.15	12.15	12.24	12.15	0.107 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.6, for a target of 12.4 or 12.32

Share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Target	10.66
Downside Target	10.95
Downside Target	11.26
Downside Target	11.50
Downside Target	12.15
Downside Target	12.38
Downside Target	12.40
Downside 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	12.29
Downside Intraday Target	12
Upside Intraday Target	12.72
Upside Intraday Target	12.86
Downside Intraday Target	12.43

Weekly technical analysis of Magyar Bancorp (MGYR)

Date	Weekly Closing Price	Open	High	Low	Volume
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
06 Fri Sep 2024	12.32	12.30	12.38	12.16	10.049 times
30 Fri Aug 2024	12.40	12.39	12.40	12.31	0.08 times

Price has moved up 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
27 Fri Sep 2024	12.57	12.30	12.58	12.15	1.012 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
28 Fri Jun 2024	11.24	10.91	11.50	10.67	0.694 times

Scroll below to view daily charts

Price has moved up 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Magyar Bancorp ( (MGYR) ) based on a short 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 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 losing momentum.

MACD generated a BUY signal for Magyar Bancorp in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magyar Bancorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 12.42 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 positive

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