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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Metagenomi, Inc. (NASDAQ:MGX)
Long-Term Downtrend (-90) - MGX is in a strong downtrend that is likely to continue. While MGX 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 MGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGX.
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 MGX
The long-term trend has been DOWN since Mar 15th, 2024 at 10.5601
The intermediate-term trend has been DOWN since Mar 13th, 2024 at 11.1000
The short-term trend has been DOWN since May 2nd, 2024 at 6.9800
Smart Scan Analysis for MGX
Based on our trend formula, MGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.540 | 6.800 | 6.405 | 6.800 | +0.340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.460 | 37238 | 2024-05-08 15:58:07 |
| 52wk High | 12.74 | 52wk High Date | 2024-02-15 |
| 52wk Low | 5.5 | 52wk Low Date | 2024-05-02 |
| Average Volume | 165,438 | Shares Outstanding | 37,472 |