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Stock Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

MAGNA MNG INC (NASDAQ:MGMNF)

Long-Term Uptrend (+90) - MGMNF is in a strong uptrend that is likely to continue. While MGMNF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1.150 1.160 1.130 1.143 -0.007
Entry Signal

MarketClub’s Trade Triangles for MGMNF

long term up The long-term trend has been UP since Sep 9th, 2024 at 0.6700

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2024 at 1.0000

short term up The short-term trend has been UP since Nov 4th, 2024 at 0.8435

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
1.150 1.160 1.130 1.143 -0.007
Prev. Close Volume Bid Ask Time
1.150 13290 2024-12-09 10:44:00
52wk High1.2152wk High Date2024-12-05
52wk Low0.28252wk Low Date2024-01-29
Average Volume53,935Shares Outstanding1,125
Assets25,202,189MLiabilities6,671,106M
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