MAGIC EMPIRE GLOBAL LTD (MEGL)
VGG5865E1051 - Common Stock
Overall MEGL gets a technical rating of 2 out of 10. In the past year, MEGL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
88% of all other stocks performed better in the past year than MEGL.
MEGL is one of the lesser performing stocks in the Capital Markets industry. 84% of 218 stocks in the same industry do better.
MEGL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MEGL has a been trading in the 0.46 - 0.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
MEGL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MEGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.46
0.65
2 important support areas can be observed.
- Support @0.48 from a trend line in the daily time frame.
- Support @0.46 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.52 from a trend line in the daily time frame.
- Resistance @0.53 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.64 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.44
Mansfield-3.38
10 Day High0.57
10 Day Low0.48
20 Day High0.57
20 Day Low0.46
52 Week High1.47
52 Week Low0.41
Performance
1 Week0.06%
2 Weeks-4.4%
1 Month4.43%
3 Month1.79%
6 Month-22.11%
12 Month-46.81%
2 Year-77.78%
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)48.72
LBB0.47
UBB0.55
MAGIC EMPIRE GLOBAL LTD
NASDAQ:MEGL (11/22/2024, 8:00:00 PM)
After market: 0.4811 -0.02 (-3.78%)0.5
+0.01 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.06%
1 Week0.06%
2 Weeks-4.4%
1 Month4.43%
3 Month1.79%
6 Month-22.11%
12 Month-46.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%7.15%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.57
10 Day Low0.48
20 Day High0.57
20 Day Low0.46
52 Week High1.47
52 Week Low0.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume65.00K
Volume Incr-89.34%
Vol(5)41.96K
Vol(50)337.64K