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Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Magnum Goldcorp Inc (CDNX:MGI)

Bear Market Rally (-75) - MGI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGI as it may be in the beginning of a reversal.

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
0.050 0.050 0.040 0.045 -0.015
Entry Signal

MarketClub’s Trade Triangles for MGI

long term down The long-term trend has been DOWN since Jan 10th, 2022 at 0.060

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2022 at 0.055

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 0.045

Smart Scan Analysis for MGI

Based on our trend formula, MGI is rated as a -75 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
0.050 0.050 0.040 0.045 -0.015
Prev. Close Volume Bid Ask Time
0.060 175740 2022-07-05 14:53:21
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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