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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
MAGNA MNG INC (NASDAQ:MGMNF)
Bull Market Weakness (+75) - MGMNF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGMNF as it may be in the beginning stages of a reversal.
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 Apr 3rd, 2024 at 0.5000
The intermediate-term trend has been DOWN since Jul 18th, 2024 at 0.5009
The short-term trend has been UP since Jul 26th, 2024 at 0.5421
Smart Scan Analysis for MGMNF
Based on our trend formula, MGMNF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.524400 | 0.562764 | 0.496600 | 0.562764 | +0.076214 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.486550 | 26017 | 2024-07-26 15:17:00 |
| 52wk High | 0.94 | 52wk High Date | 2024-05-17 |
| 52wk Low | 0.282 | 52wk Low Date | 2024-01-29 |
| Average Volume | 22,162 | Shares Outstanding | 1,125 |
| Assets | 9,826,026M | Liabilities | 5,369,705M |