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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 2024-07-31 View latest technical analysis

10 day averaged volume of Magyar Bancorp is 5096

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	12.64	12.40	12.68	12.40	23.96 times
30 Tue Jul 2024	12.40	11.97	12.53	11.96	0.374 times
26 Fri Jul 2024	12.50	12.60	12.60	12.50	0.275 times
25 Thu Jul 2024	12.71	12.06	12.71	12.06	2.745 times
24 Wed Jul 2024	12.05	12.00	12.22	11.88	0.583 times
23 Tue Jul 2024	12.41	12.46	12.46	12.41	0.235 times
22 Mon Jul 2024	11.77	11.77	11.77	11.77	0.02 times
19 Fri Jul 2024	11.80	11.80	11.80	11.80	0.078 times
18 Thu Jul 2024	11.95	11.75	12.00	11.75	2.885 times
17 Wed Jul 2024	11.99	11.85	12.00	11.84	1.825 times

Stock of Magyar Bancorp (MGYR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.83 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.9 as target.

Share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Target	10.30
Downside Target	10.66
Downside Target	10.95
Downside Target	11.25
Downside Target	11.60
Downside Target	11.77
Downside Target	11.95
Downside Target	11.96
Downside Target	12.00
Upside Target	12.68
Upside Target	12.71

Intraday share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Intraday Target	12.17
Downside Intraday Target	11.71
Upside Intraday Target	12.89
Upside Intraday Target	13.15
Downside Intraday Target	12.43

Weekly technical analysis of Magyar Bancorp (MGYR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	12.64	11.97	12.68	11.96	6.307 times
26 Fri Jul 2024	12.50	11.77	12.71	11.77	0.598 times
19 Fri Jul 2024	11.80	11.70	12.00	11.38	1.637 times
12 Fri Jul 2024	11.65	11.26	11.95	11.25	2.094 times
05 Fri Jul 2024	11.26	10.95	11.33	10.95	0.691 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magyar Bancorp (MGYR)

Date	Monthly Closing Price	Open	High	Low	Volume
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
31 Fri May 2024	10.90	11.09	11.26	10.66	0.836 times
30 Tue Apr 2024	11.39	11.10	11.44	10.68	0.585 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 BUY. Signal strength is Weak and stock is gaining 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 tired and bears are picking up momentum.

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 12.53 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.