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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

MAGNA MNG INC (NASDAQ:MGMNF)

Long-Term Downtrend (-90) - MGMNF is in a strong downtrend that is likely to continue. While MGMNF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_MGMNF
Open High Low MGMNF Price Change
0.4191 0.4320 0.4191 0.4320 +0.0520
Entry Signal

MarketClub’s Trade Triangles for MGMNF

long term down The long-term trend has been DOWN since May 11th, 2023 at 0.60000

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 0.38685

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 0.38685

Smart Scan Analysis for MGMNF

Based on our trend formula, MGMNF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MGMNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4191 0.4320 0.4191 0.4320 +0.0520
Prev. Close Volume Bid Ask Time
0.4308 8000 2023-09-22 10:32:00
52wk High1.1352wk High Date2023-01-11
52wk Low0.3652wk Low Date2022-11-21
Average Volume20,614Shares Outstanding1,125
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