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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 2024-11-08 View latest technical analysis

10 day averaged volume of Magyar Bancorp is 3380

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	12.45	12.45	12.45	12.45	0.089 times
07 Thu Nov 2024	12.43	12.75	12.75	12.28	1.834 times
06 Wed Nov 2024	12.28	12.29	12.35	12.20	1.716 times
05 Tue Nov 2024	12.24	12.29	12.50	12.20	2.101 times
04 Mon Nov 2024	12.21	12.15	12.21	12.15	0.237 times
01 Fri Nov 2024	12.22	12.32	12.39	12.15	2.604 times
31 Thu Oct 2024	12.32	12.32	12.32	12.32	0.118 times
30 Wed Oct 2024	12.31	12.31	12.31	12.31	0.118 times
28 Mon Oct 2024	12.37	12.37	12.37	12.37	0.089 times
25 Fri Oct 2024	12.37	12.30	12.37	12.30	0.118 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.4, but if it comes below 12.4, then a intra day sell could be more profitable.
If you take a sell trade below 12.4, then use 12.4 as stoploss and 12.34 as target. However if you take a buy trade in stock , then use 12.4 as stoploss and 12.5 as target.

Share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Target	10.95
Downside Target	12.15
Downside Target	12.39
Downside Target	12.45
Upside Target	12.50
Upside Target	12.58
Upside Target	12.61
Upside Target	12.71
Upside Target	12.75

Intraday share price targets for Magyar Bancorp (MGYR)

Target Type	Value
Downside Intraday Target	12.15
Downside Intraday Target	11.85
Upside Intraday Target	12.75
Upside Intraday Target	13.05
Downside Intraday Target	12.45

Weekly technical analysis of Magyar Bancorp (MGYR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	12.45	12.15	12.75	12.15	2.04 times
01 Fri Nov 2024	12.22	12.37	12.39	12.15	1.65 times
25 Fri Oct 2024	12.37	12.40	12.45	12.30	0.769 times
18 Fri Oct 2024	12.47	12.30	12.50	12.28	0.667 times
11 Fri Oct 2024	12.25	12.17	12.33	12.17	1.581 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
08 Fri Nov 2024	12.45	12.32	12.75	12.15	0.895 times
31 Thu Oct 2024	12.32	12.38	12.50	12.17	0.391 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

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 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 short to mid 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 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 Strong and stock is losing momentum.

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

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color Prices appear to be moving up

CCI has generated a SELL signal for Magyar Bancorp in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 12.29 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.