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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX)

Long-Term Uptrend (+90) - MAGX is in a strong uptrend that is likely to continue. While MAGX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MAGX?

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

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

NASDAQ_MAGX
Open High Low MAGX Price Change
52.18 52.20 50.94 51.50 -0.80
Entry Signal

MarketClub’s Trade Triangles for MAGX

long term up The long-term trend has been UP since Nov 6th, 2024 at 39.85

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2024 at 33.60

short term up The short-term trend has been UP since Dec 24th, 2024 at 50.27

Smart Scan Analysis for MAGX

Based on our trend formula, MAGX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MAGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.18 52.20 50.94 51.50 -0.80
Prev. Close Volume Bid Ask Time
52.30 95822 2024-12-26 14:11:10
52wk High53.809952wk High Date2024-12-18
52wk Low22.58152wk Low Date2024-04-25
Average Volume143,946
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