Technical Analysis for MGYR - Magyar Bancorp, Inc.

Grade Last Price % Change Price Change
C 10.90 -1.36% -0.15
MGYR closed down 1.36 percent on Tuesday, May 7, 2024, on 1.52 times normal volume. It ran into resistance at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Cup with Handle Other 0.00%
Outside Day Range Expansion 0.00%
20 DMA Resistance Bearish -1.36%
50 DMA Resistance Bearish -1.36%
180 Bearish Setup Bearish Swing Setup -1.36%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.36%
Calm After Storm Range Contraction -1.36%
Gapped Up Strength -1.36%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 16 hours ago
20 DMA Resistance about 16 hours ago
10 DMA Resistance about 16 hours ago
Reversed from Down about 19 hours ago
Rose Above 20 DMA about 19 hours ago

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Profile

Magyar Bancorp, Inc. Description

Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services in New Jersey. The company's deposit products include demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit. Its loan portfolio comprises one-to four-family residential mortgage, commercial real estate, construction, commercial business, small business administration, and consumer loans, as well as home equity loans and lines of credit. The company also provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers. It operates six branch offices, which are located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey. Magyar Bancorp, Inc. is a subsidiary of Magyar Bancorp, MHC.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Bank Deposit Products Insurance Products Investment Product Banking Products Financial Planning Services Retirement Planning Non Deposit Investment Products

Is MGYR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.9454
52 Week Low 8.821
Average Volume 5,535
200-Day Moving Average 10.59
50-Day Moving Average 11.12
20-Day Moving Average 11.06
10-Day Moving Average 11.13
Average True Range 0.29
RSI (14) 44.44
ADX 21.21
+DI 19.13
-DI 33.97
Chandelier Exit (Long, 3 ATRs) 10.51
Chandelier Exit (Short, 3 ATRs) 11.51
Upper Bollinger Bands 11.41
Lower Bollinger Band 10.70
Percent B (%b) 0.28
BandWidth 6.37
MACD Line -0.03
MACD Signal Line -0.01
MACD Histogram -0.0124
Fundamentals Value
Market Cap 73.93 Million
Num Shares 6.78 Million
EPS 0.18
Price-to-Earnings (P/E) Ratio 60.56
Price-to-Sales 2.58
Price-to-Book 0.73
PEG Ratio 0.00
Dividend 0.13
Dividend Yield 1.19%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.64
Resistance 3 (R3) 11.68 11.47 11.51
Resistance 2 (R2) 11.47 11.28 11.45 11.47
Resistance 1 (R1) 11.18 11.16 11.08 11.15 11.43
Pivot Point 10.98 10.98 10.92 10.96 10.98
Support 1 (S1) 10.69 10.79 10.59 10.65 10.37
Support 2 (S2) 10.48 10.67 10.47 10.33
Support 3 (S3) 10.20 10.48 10.29
Support 4 (S4) 10.16