Stock Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
MAGNUM GOLDCORP INC (NASDAQ:MGIDF)
Crossroads (-60) - MGIDF 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 MGIDF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGIDF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGIDF
The long-term trend has been DOWN since Oct 20th, 2021 at 0.0439
The intermediate-term trend has been UP since Jan 24th, 2022 at 0.0559
The short-term trend has been UP since Jan 24th, 2022 at 0.0559
Smart Scan Analysis for MGIDF
Based on our trend formula, MGIDF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.556||52wk High Date||2021-02-02|
|52wk Low||0.011||52wk Low Date||2021-10-20|
|Average Volume||13,241||Shares Outstanding||9,668|