Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, January 21, 2025.

Magic Empire Global Limited - Ordinary Shares (NASDAQ:MEGL)

Long-Term Uptrend (+90) - MEGL is in a strong uptrend that is likely to continue. While MEGL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MEGL?

MarketClub looks at technical strength and momentum to determine if the timing is right for MEGL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MEGL
Open High Low MEGL Price Change
0.59000 0.66000 0.57890 0.61900 +0.02034
Entry Signal

MarketClub’s Trade Triangles for MEGL

long term up The long-term trend has been UP since Sep 27th, 2024 at 0.654899

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 0.618800

short term up The short-term trend has been UP since Jan 17th, 2025 at 0.641200

Smart Scan Analysis for MEGL

Based on our trend formula, MEGL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MEGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59000 0.66000 0.57890 0.61900 +0.02034
Prev. Close Volume Bid Ask Time
0.61900 195077 2025-01-17 15:59:44
52wk High1.3852wk High Date2025-01-06
52wk Low0.406552wk Low Date2024-09-04
Average Volume4,575,813Shares Outstanding20,000
Assets138,257,174MLiabilities3,989,317M
Get a free daily analysis and signals for Magic Empire Global Limited - Ordinary Shares (MEGL) - Request Your Free Report.