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Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Magnum Goldcorp Inc (CDNX:MGI)

Sidelines Mode (+55) - MGI 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 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.

CDNX_MGI
Open High Low MGI Price Change
0.080 0.080 0.080 0.080 +0.005
Entry Signal

MarketClub’s Trade Triangles for MGI

long term up The long-term trend has been UP since Sep 1st, 2021 at 0.065

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2021 at 0.050

short term down The short-term trend has been DOWN since Oct 7th, 2021 at 0.100

Smart Scan Analysis for MGI

Based on our trend formula, MGI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.080 0.080 0.080 0.080 +0.005
Prev. Close Volume Bid Ask Time
0.080 28000 2021-10-18 14:09:06
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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