Country Icon

Magyar Bancorp, Inc. (MGYR) - Buy, Sell or Hold?

Sector: Finance   Sub-Sector: Savings Institutions
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017Gravestone DojiDojiMon, 12 Jun 20170%
***Stock database and scans are updated around midnight (New York time) every trading day.
13.25 0.00 (0%) Jun 23 3:38pm EDT
Open: 13.25 Range: 13.25 - 13.25 Vol: 0.31K Avg Vol: 0.73K
EPS: 0.22 P/E ratio: 56.98 EBITDA: 0.00 Mkt Cap: 71.30M
Analyze "MGYR" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 12.46
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 12.75
Last Trade is above the 50 day moving average at 12.74
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 11.66
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of MGYR

Stock Trend Analysis - Buy, Sell or Hold "Magyar Bancorp, Inc." (MGYR)?

MGYR is in a very strong uptrend. In the last 52 weeks, MGYR has been trading above the 200 day moving average for 84% of the time with an average daily volume of 0.7K shares being traded. The 50 day moving average, currently at 12.74, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. MGYR was only able to maintain above the 20 SMA for 27.5% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in MGYR is near the 200 SMA currently at 11.66. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "MGYR".

The analyst consensus estimates for the 1 year price target for this stock is $13.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
Finance Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
WHGWestwood Holdings Group IncBuy, Sell or HoldTrading Levels & Pivots
EWBCEast West Bancorp, Inc.Buy, Sell or HoldTrading Levels & Pivots
PEBKPeoples Bancorp of North Carolina, Inc.Buy, Sell or HoldTrading Levels & Pivots
KCGKnight Capital Group, Inc.Buy, Sell or HoldTrading Levels & Pivots
FBSSFauquier Bankshares, Inc.Buy, Sell or HoldTrading Levels & Pivots
CBChubb Corporation (The)Buy, Sell or HoldTrading Levels & Pivots
ORIOld Republic International CorporationBuy, Sell or HoldTrading Levels & Pivots
EEFTEuronet Worldwide, Inc.Buy, Sell or HoldTrading Levels & Pivots
BPOPNPopular, Inc.Buy, Sell or HoldTrading Levels & Pivots
UBSHUnion First Market Bankshares CorporationBuy, Sell or HoldTrading Levels & Pivots