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Stock Trend Analysis Report

Prepared for you on Thursday, July 25, 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.

NASDAQ_MEGL
Open High Low MEGL Price Change
0.528800 0.555000 0.523650 0.540000 -0.005139
Entry Signal

MarketClub’s Trade Triangles for MEGL

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 0.800000

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2024 at 0.590000

short term down 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).

-75
Smart Scan Analysis for MEGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.528800 0.555000 0.523650 0.540000 -0.005139
Prev. Close Volume Bid Ask Time
0.540000 72061 2024-07-24 15:53:09
52wk High1.6252wk High Date2023-07-31
52wk Low0.511152wk Low Date2024-07-10
Average Volume135,116Shares Outstanding20,000
Assets138,257,174MLiabilities3,989,317M
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