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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Magnachip Semiconductor Corporation (NYSE:MX)
Strong Downtrend (-100) - MX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MX continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MX
The long-term trend has been DOWN since Aug 28th, 2024 at 4.755
The intermediate-term trend has been DOWN since Oct 29th, 2024 at 4.620
The short-term trend has been DOWN since Oct 23rd, 2024 at 4.750
Smart Scan Analysis for MX
Based on our trend formula, MX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.720 | 3.775 | 3.620 | 3.650 | -0.080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.650 | 374743 | 2024-11-19 15:59:17 |
| Year High | 13.35 | Year High Date | 2018-01-22 |
| Year Low | 6.72 | Year Low Date | 2018-11-28 |
| 52wk High | 8.16 | 52wk High Date | 2024-01-02 |
| 52wk Low | 3.705 | 52wk Low Date | 2024-11-15 |
| Year End Close | 15.92 | Average Volume | 433,102 |
| Shares Outstanding | 37,203 | Short Interest | 141,254 |
| % Institutional | 93.9 | Market Cap | 389M |
| Assets | 411,355,000M | Liabilities | 111,782,000M |
| P/E Ratio | -10.81820000 | Volatility | 44.28 |