Stock Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
MAG SILVER CORP (TSE:MAGT)
Bear Market Rally (-75) - MAGT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MAGT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MAGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MAGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MAGT
The long-term trend has been DOWN since Dec 1st, 2021 at 31.64
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 45.37
The short-term trend has been UP since Jan 19th, 2022 at 28.96
Smart Scan Analysis for MAGT
Based on our trend formula, MAGT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).