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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Magic Empire Global Limited (NASDAQ:MEGL)

Long-Term Downtrend (-90) - MEGL is in a strong downtrend that is likely to continue. While MEGL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_MEGL
Open High Low MEGL Price Change
0.6224 0.6710 0.6101 0.6280 +0.0156
Entry Signal

MarketClub’s Trade Triangles for MEGL

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 0.80

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.61

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.62

Smart Scan Analysis for MEGL

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

-90
Smart Scan Analysis for MEGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6224 0.6710 0.6101 0.6280 +0.0156
Prev. Close Volume Bid Ask Time
0.6124 200497 2024-04-18 15:59:40
52wk High5.8752wk High Date2023-04-28
52wk Low0.6152wk Low Date2024-04-16
Average Volume93,024Shares Outstanding20,000
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