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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Magyar Bancorp, Inc. (NASDAQ:MGYR)
Bull Market Weakness (+75) - MGYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGYR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGYR
The long-term trend has been UP since Dec 15th, 2023 at 11.040
The intermediate-term trend has been UP since Apr 10th, 2024 at 11.430
The short-term trend has been UP since Apr 19th, 2024 at 10.995
Smart Scan Analysis for MGYR
Based on our trend formula, MGYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.9 | 10.9 | 10.9 | 10.9 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.2 | 130 | 2024-04-24 09:42:56 |
| Year High | 13.5 | Year High Date | 2018-10-12 |
| Year Low | 12.05 | Year Low Date | 2018-11-29 |
| 52wk High | 12 | 52wk High Date | 2024-02-21 |
| 52wk Low | 9.0001 | 52wk Low Date | 2023-10-30 |
| Year End Close | 4.1986 | Average Volume | 3,931 |
| Shares Outstanding | 6,654 | Short Interest | 2,529 |
| % Institutional | 57.6 | Market Cap | 69M |
| Assets | 916,739,000M | Liabilities | 810,200,000M |
| P/E Ratio | 9.5339 | Beta | 1.45 |
| Volatility | 29.84 |