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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Magnum Goldcorp Inc (CDNX:MGI)

Crossroads (-60) - MGI is struggling to move into a solid trend. Beware of choppy markets 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
0.060 0.060 0.060 0.060 +0.005
Entry Signal

MarketClub’s Trade Triangles for MGI

long term down The long-term trend has been DOWN since Dec 2nd, 2024 at 0.04

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2024 at 0.04

short term up The short-term trend has been UP since Dec 16th, 2024 at 0.04

Smart Scan Analysis for MGI

Based on our trend formula, MGI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.060 0.060 0.060 0.060 +0.005
Prev. Close Volume Bid Ask Time
0.050 19518 2024-12-19 11:12:23
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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