Stock Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
MAG Silver Corp (AMEX:MAG)
Sidelines Mode (+55) - MAG 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 MAG?
MarketClub looks at technical strength and momentum to determine if the timing is right for MAG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MAG
The long-term trend has been UP since Apr 28th, 2020 at 12.24
The intermediate-term trend has been UP since Jun 29th, 2020 at 13.41
The short-term trend has been DOWN since Aug 7th, 2020 at 16.49
Smart Scan Analysis for MAG
Based on our trend formula, MAG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||12.78||Year High Date||2018-01-02|
|Year Low||6.12||Year Low Date||2018-11-13|
|52wk High||14||52wk High Date||2020-05-18|
|52wk Low||3.84||52wk Low Date||2020-03-16|
|Average Volume||840,001||Shares Outstanding||69,407|