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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Magic Empire Global Limited (NASDAQ:MEGL)
Bear Market Rally (-75) - MEGL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MEGL as it may be in the beginning of a reversal.
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 Feb 5th, 2024 at 0.800000
The intermediate-term trend has been UP since Jul 19th, 2024 at 0.590000
The short-term trend has been DOWN since Jul 19th, 2024 at 0.521061
Smart Scan Analysis for MEGL
Based on our trend formula, MEGL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5440 | 0.5700 | 0.5250 | 0.5400 | -0.0061 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5461 | 202537 | 2024-07-26 15:49:55 |
| 52wk High | 1.62 | 52wk High Date | 2023-07-31 |
| 52wk Low | 0.5111 | 52wk Low Date | 2024-07-10 |
| Average Volume | 144,505 | Shares Outstanding | 20,000 |
| Assets | 138,257,174M | Liabilities | 3,989,317M |