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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
NANO MAGIC INC (NASDAQ:NMGX)
Sidelines Mode (+50) - NMGX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NMGX can gain momentum.
Is it time to buy, sell, or avoid NMGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NMGX.
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 NMGX
The long-term trend has been DOWN since Nov 11th, 2024 at 0.601
The intermediate-term trend has been UP since Dec 12th, 2024 at 0.588
The short-term trend has been UP since Dec 23rd, 2024 at 0.540
Smart Scan Analysis for NMGX
Based on our trend formula, NMGX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.574785 | 0.574785 | 0.574785 | 0.574785 | +0.149585 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.574785 | 109 | 2024-12-23 09:46:43 |
| 52wk High | 2 | 52wk High Date | 2024-05-09 |
| 52wk Low | 0.3 | 52wk Low Date | 2024-04-30 |
| Average Volume | 5,415 | Shares Outstanding | 14,409 |
| Assets | 2,294,906M | Liabilities | 2,439,803M |