Stock Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
MAG SILVER CORP (TSE:MAGT)
Strong Uptrend (+100) - MAGT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MAGT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Aug 12th, 2022 at 24.74
The intermediate-term trend has been UP since Jan 9th, 2023 at 39.60
The short-term trend has been UP since Jan 20th, 2023 at 41.22
Smart Scan Analysis for MAGT
Based on our trend formula, MAGT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).