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MGRT Fell Below 20 Day Moving Average on October 16

Mega Fortune Company Limited (MGRT) — SwingTradeBot Technical Analysis Report · Oct 16, 2025, 19:56 ET
MGRT closed down 5.86% on Thursday, October 16th, with volume running 0.2× below average. Multiple bearish signals emerged — Fell Below 20 DMA and Stochastic Reached Oversold — suggesting potential weakness ahead. Key support levels exist at 4.18, 4.02 & 3.71, with resistance at 4.66, 4.97 & 5.13. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of MGRT: C

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