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.
MarketClub’s Trade Triangles for MGI
The long-term trend has been UP since Sep 1st, 2021 at 0.065
The intermediate-term trend has been UP since Aug 17th, 2021 at 0.050
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).
|Year High||0.24||Year High Date||2018-01-09|
|Year Low||0.025||Year Low Date||2018-11-28|
|52wk High||0.24||52wk High Date||2018-01-09|
|52wk Low||0.025||52wk Low Date||2018-11-28|