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Stock Trend Analysis Report
Prepared for you on Sunday, April 2, 2023.
Magic Empire Global Limited (NASDAQ:MEGL)
Strong Downtrend (-100) - MEGL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MEGL continues to fall. 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.
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MarketClub’s Trade Triangles for MEGL
The long-term trend has been DOWN since Aug 9th, 2022 at 86.3000
The intermediate-term trend has been DOWN since Feb 8th, 2023 at 2.0201
The short-term trend has been DOWN since Mar 31st, 2023 at 1.5272
Smart Scan Analysis for MEGL
Based on our trend formula, MEGL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.56 | 1.59 | 1.50 | 1.52 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.52 | 86465 | 2023-03-31 15:58:43 |
| 52wk High | 249.94 | 52wk High Date | 2022-08-08 |
| 52wk Low | 1.2 | 52wk Low Date | 2022-12-29 |
| Average Volume | 112,988 | Shares Outstanding | 20,000 |