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(MGTX) Meiragtx Holdings complete technical analysis [charts+indicators] | Buy/Sell Meiragtx Holdings | (MGTX) share price targets

Complete technical analysis of Meiragtx Holdings (MGTX) by charts plus indicators, forecast predictions and share price targets for Meiragtx Holdings (MGTX)

Meiragtx Holdings trades in USA in Health Care sector.

10 day averaged volume of Meiragtx Holdings is 267597

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 4.90 5.00 5.11 4.85 0.803 times
30 Thu May 2024 4.99 5.05 5.06 4.93 0.602 times
29 Wed May 2024 5.00 5.02 5.10 4.93 0.994 times
28 Tue May 2024 5.14 5.30 5.39 5.05 0.684 times
23 Thu May 2024 5.14 5.63 5.64 5.09 0.992 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5, but if it comes above 5, then a intra day buy could be more profitable.
If you take a sell trade below 5, then use 5 as stoploss and 4.7 as target. However if you take a buy trade in stock , then use 5 as stoploss and 5.25 as target.

Share price targets for Meiragtx Holdings (MGTX)

Target Type Value
Downside Target 4.68
Downside Target 4.78
Upside Target 4.95
Upside Target 5.07
Upside Target 5.25
Upside Target 5.39
Upside Target 5.64
Upside Target 5.93
Upside Target 6.22
Upside Target 6.83
Upside Target 6.85
Upside Target 7.57

Intraday share price targets for Meiragtx Holdings (MGTX)

Target Type Value
Downside Intraday Target 4.7
Downside Intraday Target 4.51
Upside Intraday Target 5.24
Upside Intraday Target 5.59
Upside Intraday Target 5.05

Weekly technical analysis of Meiragtx Holdings (MGTX)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 4.90 5.30 5.39 4.85 0.595 times
23 Thu May 2024 5.14 5.71 5.93 5.09 1.737 times
17 Fri May 2024 5.71 5.15 5.92 5.07 1.298 times
10 Fri May 2024 5.07 5.06 5.46 4.95 1.108 times
03 Fri May 2024 5.00 4.85 5.25 4.78 0.889 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Meiragtx Holdings (MGTX)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 4.90 4.88 5.93 4.79 1.219 times
30 Tue Apr 2024 4.88 6.00 6.22 4.68 1.091 times
28 Thu Mar 2024 6.07 6.16 6.85 5.75 1 times
29 Thu Feb 2024 6.17 6.18 6.83 5.64 0.865 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Meiragtx Holdings (MGTX)

Indicator Name Indicator Value Indicator Signal
ADX 16, 26, 23 Sell
MACD -0, -0Sell
Stochastics 6Sell
CCI -98Sell
RSI 50Buy
OBV 296123Sell
VWAP 5Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Meiragtx Holdings ( (MGTX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Meiragtx Holdings ( (MGTX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Meiragtx Holdings ( (MGTX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Meiragtx Holdings ( (MGTX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Meiragtx Holdings stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Meiragtx Holdings in short term and the sell signal is strong.

Meiragtx Holdings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Meiragtx Holdings in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Meiragtx Holdings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.38 and Meiragtx Holdings (MGTX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Meiragtx Holdings (MGTX) stock. Volume based technical analysis of Meiragtx Holdings (MGTX) stock is negative.

Meiragtx Holdings Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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