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Stock Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Magnachip Semiconductor Corporation (NYSE:MX)

Long-Term Downtrend (-90) - MX is in a strong downtrend that is likely to continue. While MX 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 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
17.54 17.66 17.33 17.50 -0.04
Entry Signal

MarketClub’s Trade Triangles for MX

long term down The long-term trend has been DOWN since Jul 28th, 2021 at 21.02

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 17.34

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 17.86

Smart Scan Analysis for MX

Based on our trend formula, MX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.54 17.66 17.33 17.50 -0.04
Prev. Close Volume Bid Ask Time
17.49 257178 2021-10-15 15:59:51
Year High13.35Year High Date2018-01-22
Year Low6.72Year Low Date2018-11-28
52wk High26.9852wk High Date2021-04-05
52wk Low12.7552wk Low Date2020-12-21
Year End Close15.92Average Volume237,885
Shares Outstanding46,451Short Interest141,254
% Institutional93.9Market Cap389M
Assets557,553,000MLiabilities134,922,000M
P/E Ratio3.3032Volatility44.28
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