Technical Analysis for MGYR - Magyar Bancorp, Inc.
|Grade||Last Price||% Change||$ Change|
MGYR closed up 0.27 percent on Thursday, February 23, 2017, on 1.72 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Up||Up|
|See historical MGYR trend table...|
|Date||Alert Name||Type||% Chg|
|Feb 23||Narrow Range Bar||Range Contraction||0.00%|
|Feb 23||Bollinger Band Squeeze||Range Contraction||0.00%|
|Feb 22||Volume Surge||Other||0.30%|
|Feb 22||Stochastic Reached Overbought||Other||0.30%|
|Feb 22||Bollinger Band Squeeze||Range Contraction||0.30%|
|Feb 21||Narrow Range Bar||Range Contraction||0.53%|
|Feb 17||Narrow Range Bar||Range Contraction||1.31%|
|Feb 17||Three Weeks Tight||Range Contraction||1.31%|
|Feb 16||Narrow Range Bar||Range Contraction||1.31%|
|Feb 16||Shooting Star Candlestick||Bearish||1.31%|
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Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services in New Jersey. The companys 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.
Is MGYR a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more MGYR news...
|52 Week High||13.24|
|52 Week Low||0.0|
|200-Day Moving Average||10.54|
|50-Day Moving Average||12.18|
|20-Day Moving Average||13.03|
|10-Day Moving Average||13.04|
|Average True Range||0.11|
|Chandelier Exit (Long, 3 ATRs)||12.91|
|Chandelier Exit (Short, 3 ATRs)||12.46|
|Upper Bollinger Band||13.27|
|Lower Bollinger Band||12.79|
|Percent B (%b)||0.79|