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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.

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Open High Low MEGL Price Change
1.56 1.59 1.50 1.52 -0.01
Entry Signal

MarketClub’s Trade Triangles for MEGL

long term down The long-term trend has been DOWN since Aug 9th, 2022 at 86.3000

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2023 at 2.0201

short term down 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).

Smart Scan Analysis for MEGL
Strong Downtrend Sideways 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 High249.9452wk High Date2022-08-08
52wk Low1.252wk Low Date2022-12-29
Average Volume112,988Shares Outstanding20,000
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