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Stock Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

Magnachip Semiconductor Corporation (NYSE:MX)

Crossroads (+60) - MX 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 MX?

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

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

NYSE_MX
Open High Low MX Price Change
5.0800 5.1150 4.9600 4.9892 -0.0508
Entry Signal

MarketClub’s Trade Triangles for MX

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 8.180

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 5.280

short term up The short-term trend has been UP since May 14th, 2024 at 5.025

Smart Scan Analysis for MX

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

+60
Smart Scan Analysis for MX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0800 5.1150 4.9600 4.9892 -0.0508
Prev. Close Volume Bid Ask Time
5.0400 221225 2024-05-20 15:09:37
Year High13.35Year High Date2018-01-22
Year Low6.72Year Low Date2018-11-28
52wk High11.6852wk High Date2023-06-09
52wk Low4.752wk Low Date2024-04-25
Year End Close15.92Average Volume225,647
Shares Outstanding38,268Short Interest141,254
% Institutional93.9Market Cap389M
Assets426,164,000MLiabilities104,279,000M
P/E Ratio-10.81820000Volatility44.28
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