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Stock Trend Analysis Report

Prepared for you on Wednesday, May 31, 2023.

MacroGenics, Inc. (NASDAQ:MGNX)

Crossroads (-60) - MGNX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MGNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MGNX Price Change
4.6800 4.8500 4.5626 4.6700 0.0000
Entry Signal

MarketClub’s Trade Triangles for MGNX

long term up The long-term trend has been UP since Mar 16th, 2023 at 7.22

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2023 at 6.53

short term down The short-term trend has been DOWN since May 10th, 2023 at 6.89

Smart Scan Analysis for MGNX

Based on our trend formula, MGNX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6800 4.8500 4.5626 4.6700 0.0000
Prev. Close Volume Bid Ask Time
4.6700 709352 2023-05-31 15:59:42
Year High32.74Year High Date2018-03-08
Year Low15.48Year Low Date2018-10-31
52wk High7.952wk High Date2023-05-10
52wk Low2.1352wk Low Date2022-06-16
Average Volume389,539Shares Outstanding61,839
Market Cap701MAssets343,498,000M
Liabilities234,230,000MP/E Ratio-4.22920000
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