Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

MacroGenics, Inc. (NASDAQ:MGNX)

Crossroads (-60) - MGNX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MGNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGNX
Open High Low MGNX Price Change
14.670 14.910 14.380 14.595 -0.065
Entry Signal

MarketClub’s Trade Triangles for MGNX

long term up The long-term trend has been UP since Nov 7th, 2023 at 6.45

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 14.13

short term down The short-term trend has been DOWN since May 8th, 2024 at 15.32

Smart Scan Analysis for MGNX

Based on our trend formula, MGNX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MGNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.670 14.910 14.380 14.595 -0.065
Prev. Close Volume Bid Ask Time
14.660 560059 2024-05-09 13:00:11
Year High32.74Year High Date2018-03-08
Year Low15.48Year Low Date2018-10-31
52wk High21.8852wk High Date2024-03-06
52wk Low4.2952wk Low Date2023-10-03
Average Volume831,907Shares Outstanding62,432
Market Cap701MAssets298,418,000M
Liabilities145,805,000MP/E Ratio21.175
Volatility59.45
Get a free daily analysis and signals for MacroGenics, Inc. (MGNX) - Request Your Free Report.