Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Magenta Therapeutics, Inc (NASDAQ:MGTA)
Bear Market Rally (-75) - MGTA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGTA as it may be in the beginning of a reversal.
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 Mar 3rd, 2020 at 10.66
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 14.32
The short-term trend has been UP since Apr 6th, 2020 at 6.64
Smart Scan Analysis for MGTA
Based on our trend formula, MGTA is rated as a -75 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||18.4||52wk High Date||2019-04-08|
|52wk Low||5.76||52wk Low Date||2020-03-23|
|Average Volume||226,276||Shares Outstanding||39,327|