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Mutual Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

FIDELITY MAGELLAN (NASDAQ:FMAGX)

Bear Market Rally (-75) - FMAGX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FMAGX as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid FMAGX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FMAGX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FMAGX
Open High Low FMAGX Price Change
7.60 8.35 8.35 8.81 +0.75
Entry Signal

MarketClub’s Trade Triangles for FMAGX

long term down The long-term trend has been DOWN since Dec 13th, 2019 at 10.56

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 10.62

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 8.63

Smart Scan Analysis for FMAGX

Based on our trend formula, FMAGX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for FMAGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.60 8.35 8.35 8.81 +0.75
Prev. Close Volume Bid Ask Time
8.58 0 8.35 8.35 2020-03-31 00:00:00
52wk High11.4252wk High Date2019-11-27
52wk Low7.652wk Low Date2020-03-23
Year End Close10.2P/E Ratio1228.8
Payment Date2019-12-16
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