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Stock Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

Magnachip Semiconductor Corporation (NYSE:MX)

Bull Market Weakness (+75) - MX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MX as it may be in the beginning stages of a reversal.

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.

Open High Low MX Price Change
10.35 10.70 10.35 10.65 +0.38
Entry Signal

MarketClub’s Trade Triangles for MX

long term down The long-term trend has been DOWN since May 3rd, 2023 at 8.540

intermediate term up The intermediate-term trend has been UP since May 18th, 2023 at 9.185

short term up The short-term trend has been UP since May 16th, 2023 at 8.645

Smart Scan Analysis for MX

Based on our trend formula, MX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.35 10.70 10.35 10.65 +0.38
Prev. Close Volume Bid Ask Time
10.66 433958 2023-05-26 15:59:55
Year High13.35Year High Date2018-01-22
Year Low6.72Year Low Date2018-11-28
52wk High20.05952wk High Date2022-06-02
52wk Low8.1852wk Low Date2023-05-04
Year End Close15.92Average Volume334,090
Shares Outstanding42,265Short Interest141,254
% Institutional93.9Market Cap389M
P/E Ratio10.1236Volatility44.28
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