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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 2024-10-17 View latest technical analysis

10 day averaged volume of Magyar Bancorp is 2220

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	12.46	12.40	12.46	12.39	1.081 times
16 Wed Oct 2024	12.50	12.30	12.50	12.28	1.532 times
15 Tue Oct 2024	12.30	12.30	12.30	12.30	0.586 times
11 Fri Oct 2024	12.25	12.33	12.33	12.25	0.225 times
10 Thu Oct 2024	12.28	12.32	12.32	12.25	1.126 times
09 Wed Oct 2024	12.25	12.30	12.32	12.25	0.991 times
08 Tue Oct 2024	12.27	12.30	12.32	12.25	2.568 times
07 Mon Oct 2024	12.17	12.17	12.17	12.17	0.36 times
04 Fri Oct 2024	12.29	12.29	12.29	12.29	0.225 times
03 Thu Oct 2024	12.31	12.29	12.32	12.29	0.225 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.5 as stoploss in an intra day sell trade for a target of 12.35. However, stock will show a bullish move above 12.5.

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
Downside 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	12.33
Downside Intraday Target	12.19
Upside Intraday Target	12.55
Upside Intraday Target	12.63
Downside Intraday Target	12.41

Weekly technical analysis of Magyar Bancorp (MGYR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	12.46	12.30	12.50	12.28	0.607 times
11 Fri Oct 2024	12.25	12.17	12.33	12.17	1.581 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

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
17 Thu Oct 2024	12.46	12.38	12.50	12.17	0.297 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 coming down

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 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 12.33 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 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 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.