Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
MAGAZINE LUIZA UNSP/ADR (NASDAQ:MGLUY)
Strong Downtrend (-100) - MGLUY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MGLUY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MGLUY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGLUY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGLUY
The long-term trend has been DOWN since Dec 13th, 2022 at 2.20
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1.50
The short-term trend has been DOWN since Jan 24th, 2024 at 1.74
Smart Scan Analysis for MGLUY
Based on our trend formula, MGLUY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.105 | 1.105 | 1.105 | 1.105 | -0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.080 | 4610 | 2024-04-16 15:32:00 |
| 52wk High | 3.355 | 52wk High Date | 2023-05-09 |
| 52wk Low | 1 | 52wk Low Date | 2023-11-01 |
| Average Volume | 1,207 |