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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
MAGNA MNG INC (NASDAQ:MGMNF)
Sidelines Mode (+55) - MGMNF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MGMNF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGMNF.
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 MGMNF
The long-term trend has been UP since Sep 9th, 2024 at 0.670
The intermediate-term trend has been DOWN since Dec 12th, 2024 at 0.998
The short-term trend has been UP since Dec 18th, 2024 at 0.990
Smart Scan Analysis for MGMNF
Based on our trend formula, MGMNF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.02500 | 1.03000 | 1.00000 | 1.00000 | +0.02485 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.97515 | 18619 | 2024-12-26 12:05:00 |
| 52wk High | 1.21 | 52wk High Date | 2024-12-05 |
| 52wk Low | 0.282 | 52wk Low Date | 2024-01-29 |
| Average Volume | 46,356 | Shares Outstanding | 1,125 |
| Assets | 25,202,189M | Liabilities | 6,671,106M |