Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

Magnum Goldcorp Inc (CDNX:MGI)

Sidelines Mode (+50) - MGI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MGI can gain momentum.

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
0.035 0.035 0.035 0.035 0.000
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 Jan 31st, 2025 at 0.03

short term up The short-term trend has been UP since Jan 31st, 2025 at 0.03

Smart Scan Analysis for MGI

Based on our trend formula, MGI is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for MGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.035 0.035 0.035 0.035 0.000
Prev. Close Volume Bid Ask Time
0.040 31750 2025-01-31 10:10:02
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
Get a free daily analysis and signals for Magnum Goldcorp Inc (MGI) - Request Your Free Report.