MAGIC EMPIRE GLOBAL LTD (MEGL)
VGG5865E1051 - Common Stock
We assign a technical rating of 1 out of 10 to MEGL. MEGL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
92% of all other stocks performed better in the past year than MEGL.
MEGL is part of the Capital Markets industry. There are 220 other stocks in this industry, of which 86% are performing better than MEGL.
MEGL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MEGL has a been trading in the 0.46 - 0.62 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
The technical rating of MEGL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.47
0.68
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.62 from a trend line in the weekly time frame.
- Resistance @0.67 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.42
Mansfield-3.23
10 Day High0.62
10 Day Low0.46
20 Day High0.62
20 Day Low0.46
52 Week High1.47
52 Week Low0.41
Performance
1 Week-4.08%
2 Weeks-9.6%
1 Month-10.65%
3 Month-12.02%
6 Month-12.96%
12 Month-60.29%
2 Year-63.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)42.02
LBB0.46
UBB0.53
MAGIC EMPIRE GLOBAL LTD
NASDAQ:MEGL (12/24/2024, 8:27:09 PM)
Premarket: 0.4701 +0 (+0.02%)0.47
-0.03 (-6.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-6.89%
1 Week-4.08%
2 Weeks-9.6%
1 Month-10.65%
3 Month-12.02%
6 Month-12.96%
12 Month-60.29%
2 Year-63.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.84%
ATR Inc298.76%
Range Today0.16
ADR(20)0.04
ADR(20)%7.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.42
Mansfield-3.23
10 Day High0.62
10 Day Low0.46
20 Day High0.62
20 Day Low0.46
52 Week High1.47
52 Week Low0.41
CS1 EndN/A
CR1 Start0.5
Volume & EV
DER(3)11.15%
DER(5)17.15%
Volume1.45M
Volume Incr363.45%
Vol(5)414.62K
Vol(50)242.61K