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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Roundhill Magnificent Seven ETF (NASDAQ:MAGS)

Sidelines Mode (+55) - MAGS 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 MAGS?

MarketClub looks at technical strength and momentum to determine if the timing is right for MAGS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MAGS Price Change
46.0000 46.4368 45.5313 45.6790 -0.5710
Entry Signal

MarketClub’s Trade Triangles for MAGS

long term up The long-term trend has been UP since Nov 13th, 2023 at 32.29

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 39.97

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 48.54

Smart Scan Analysis for MAGS

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

Smart Scan Analysis for MAGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.0000 46.4368 45.5313 45.6790 -0.5710
Prev. Close Volume Bid Ask Time
45.6300 548417 2024-07-19 15:59:27
52wk High49.9652wk High Date2024-07-10
52wk Low27.8552wk Low Date2023-10-26
Average Volume954,233
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