Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Magenta Therapeutics, Inc. (NASDAQ:MGTA)
Strong Downtrend (-100) - MGTA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MGTA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGTA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGTA
The long-term trend has been DOWN since Jun 25th, 2021 at 10.17
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 6.80
The short-term trend has been DOWN since Oct 18th, 2021 at 6.69
Smart Scan Analysis for MGTA
Based on our trend formula, MGTA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||16.33||Year High Date||2018-06-21|
|Year Low||6.1||Year Low Date||2018-11-14|
|52wk High||14.2||52wk High Date||2021-04-05|
|52wk Low||5.885||52wk Low Date||2021-08-20|
|Average Volume||174,150||Shares Outstanding||58,567|