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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
BLACKROCK NAT RESOURCE I (NASDAQ:MAGRX)
Sidelines Mode (+55) - MAGRX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MAGRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MAGRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MAGRX
The long-term trend has been UP since Mar 28th, 2024 at 31.99
The intermediate-term trend has been UP since Mar 1st, 2024 at 29.59
The short-term trend has been DOWN since Apr 12th, 2024 at 33.42
Smart Scan Analysis for MAGRX
Based on our trend formula, MAGRX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.36 | 32.36 | 32.36 | 32.51 | +0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.50 | 0 | 32.50 | 32.50 | 2024-04-17 20:00:00 |
| 52wk High | 34.6 | 52wk High Date | 2023-04-18 |
| 52wk Low | 28.83 | 52wk Low Date | 2024-02-13 |
| Year End Close | 31.6 | Payment Date | 2019-12-06 |