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Stock Trend Analysis Report

Prepared for you on Monday, March 4, 2024.

Magnum Goldcorp Inc (CDNX:MGI)

Long-Term Downtrend (-90) - MGI is in a strong downtrend that is likely to continue. While MGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

Open High Low MGI Price Change
0.010 0.010 0.010 0.010 +0.005
Entry Signal

MarketClub’s Trade Triangles for MGI

long term down The long-term trend has been DOWN since Jun 19th, 2023 at 0.025

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2023 at 0.030

short term down The short-term trend has been DOWN since Feb 22nd, 2024 at 0.010

Smart Scan Analysis for MGI

Based on our trend formula, MGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010 0.010 0.010 0.010 +0.005
Prev. Close Volume Bid Ask Time
0.005 110000 2024-02-23 15:40:58
Year High0.24Year High Date2018-01-09
Year Low0.025Year Low Date2018-11-28
52wk High0.2452wk High Date2018-01-09
52wk Low0.02552wk Low Date2018-11-28
Average Volume22,144Volatility187.53
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