NASDAQ:MEGL

Magic Empire Global Stock Forecast

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$1.34
+0.0300 (+2.29%)
At Close: Nov 17, 2025
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Magic Empire Global Limited stock upgraded from Sell Candidate to Hold/Accumulate after Monday trading session
(Updated on Nov 17, 2025)

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Hold candidate since Nov 17, 2025

The Magic Empire Global Limited stock price gained 2.29% on the last trading day (Monday, 17th Nov 2025), rising from $1.31 to $1.34. During the last trading day the stock fluctuated 6.98% from a day low at $1.29 to a day high of $1.38. The price has been going up and down for this period, and there has been a -4.29% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 18 thousand shares were bought and sold for approximately $23.88 thousand.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.30 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -5.33% during the next 3 months and, with a 90% probability hold a price between $1.23 and $1.68 at the end of this 3-month period.

MEGL Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, November 13, 2025, and so far it has risen 3.08%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Magic Empire Global Limited has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Magic Empire Global Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.45. On a fall, the stock will find some support from the short-term average at $1.32. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Magic Empire Global Limited stock

Magic Empire Global Limited finds support from accumulated volume at $1.33 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0900 between high and low, or 6.98%. For the last week, the stock has had daily average volatility of 5.17%.

Our recommended stop-loss: $1.27 (-4.99%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (MEGL) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Magic Empire Global Limited to open at $1.34, and during the day (based on 14 day Average True Range), to move between $1.30 and $1.38, which gives a possible trading interval of +/-$0.0829 (+/-6.39%) up or down from last closing price. If Magic Empire Global Limited takes out the full calculated possible swing range there will be an estimated 6.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.33 (0.75%) than the resistance at $1.54 (14.93%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Magic Empire Global Limited stock A Buy?

Magic Empire Global Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: -0.993 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on November 18, 2025 - $1.34 ( 0.249%).

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MEGL Performance

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Fibonacci Support & Resistance Levels

Level Price
R3 1.43 6.47%
R2 1.39 3.90%
R1 1.37 2.32%
Price 1.34
S1 1.30 -2.81%
S2 1.28 -4.40%
S3 1.25 -6.97%

Accumulated Volume Support & Resistance Levels

Level Price
R3 1.61 20.11%
R2 1.55 15.67%
R1 1.54 14.93%
Price 1.34
S1 1.33 -0.746%
S2 1.32 -1.87%
S3 1.31 -2.24%

MEGL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 03, 2023 Oct 13, 2023 Nov 22, 2023 $0.0100 0.282%

FAQ

What is the symbol for Magic Empire Global Limited Stock and on which exchange is it traded?
The symbol for Magic Empire Global Limited is MEGL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Magic Empire Global Limited Stock?
Magic Empire Global Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

How to buy Magic Empire Global Limited Stock?
Magic Empire Global Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Magic Empire Global Limited Stock.

What's the current price of Magic Empire Global Limited Stock?
As of the end of day on the Nov 17, 2025, the price of an Magic Empire Global Limited (MEGL) share was $1.34.

What is the 52-week high and low for Magic Empire Global Limited Stock?
The 52-week high for Magic Empire Global Limited Stock is $5.52 and the 52-week low is $1.02.

What is the market capitalization of Magic Empire Global Limited Stock?
As of the Nov 17, 2025, the market capitalization of Magic Empire Global Limited is 10.806M.
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