Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Magellan Energy New (NASDAQ:MGLG)
Bull Market Weakness (+75) - MGLG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGLG as it may be in the beginning stages of a reversal.
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 UP since May 2nd, 2017 at 0.000010
The intermediate-term trend has been UP since Sep 13th, 2019 at 0.000010
The short-term trend has been UP since Sep 13th, 2019 at 0.000001
Smart Scan Analysis for MGLG
Based on our trend formula, MGLG is rated as a +70 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||0.0001||52wk High Date||2020-01-08|
|52wk Low||0.000001||52wk Low Date||2020-01-07|