Stock Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
MAGELLAN ENERGY LTD (NASDAQ:MGLG)
Strong Downtrend (-100) - MGLG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MGLG continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MGLG?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGLG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGLG
The long-term trend has been DOWN since May 28th, 2021 at 0.000003
The intermediate-term trend has been DOWN since Mar 19th, 2021 at 0.000200
The short-term trend has been DOWN since May 28th, 2021 at 0.000100
Smart Scan Analysis for MGLG
Based on our trend formula, MGLG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0001||Year High Date||2018-01-11|
|Year Low||0.000001||Year Low Date||2018-01-02|
|52wk High||0.001||52wk High Date||2021-01-22|
|52wk Low||0.000001||52wk Low Date||2022-01-18|