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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

MAGNA MNG INC (NASDAQ:MGMNF)

Weak Downtrend (-65) - MGMNF is showing signs of a strengthening downtrend. Monitor MGMNF as it may be building momentum to the downside.

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
0.57850 0.58085 0.57630 0.57630 -0.00160
Entry Signal

MarketClub’s Trade Triangles for MGMNF

long term up The long-term trend has been UP since Apr 3rd, 2024 at 0.5000

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2024 at 0.5776

short term down The short-term trend has been DOWN since May 22nd, 2024 at 0.5950

Smart Scan Analysis for MGMNF

Based on our trend formula, MGMNF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MGMNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57850 0.58085 0.57630 0.57630 -0.00160
Prev. Close Volume Bid Ask Time
0.58000 15668 2024-05-24 11:29:00
52wk High0.9452wk High Date2024-05-17
52wk Low0.28252wk Low Date2024-01-29
Average Volume88,293Shares Outstanding1,125
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