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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Magic Empire Global Limited - Ordinary Shares (NASDAQ:MEGL)
Crossroads (-60) - MEGL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 27th, 2024 at 0.654899
The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 0.480000
The short-term trend has been DOWN since Nov 13th, 2024 at 0.500000
Smart Scan Analysis for MEGL
Based on our trend formula, MEGL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4806 | 0.5000 | 0.4806 | 0.4854 | -0.0044 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4888 | 13350 | 2024-11-20 15:43:59 |
| 52wk High | 1.47 | 52wk High Date | 2024-01-04 |
| 52wk Low | 0.4065 | 52wk Low Date | 2024-09-04 |
| Average Volume | 392,530 | Shares Outstanding | 20,000 |
| Assets | 138,257,174M | Liabilities | 3,989,317M |