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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.
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MarketClub’s Trade Triangles for MGMNF
The long-term trend has been DOWN since May 11th, 2023 at 0.60000
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 0.38685
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).
| 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 High | 1.13 | 52wk High Date | 2023-01-11 |
| 52wk Low | 0.36 | 52wk Low Date | 2022-11-21 |
| Average Volume | 20,614 | Shares Outstanding | 1,125 |