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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

BLACKROCK NAT RESOURCE I (NASDAQ:MAGRX)

Bull Market Weakness (+75) - MAGRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MAGRX as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_MAGRX
Open High Low MAGRX Price Change
31.47 31.47 31.47 32.06 0.00
Entry Signal

MarketClub’s Trade Triangles for MAGRX

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 32.60

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 29.59

short term up The short-term trend has been UP since Feb 29th, 2024 at 29.36

Smart Scan Analysis for MAGRX

Based on our trend formula, MAGRX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MAGRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.47 31.47 31.47 32.06 0.00
Prev. Close Volume Bid Ask Time
31.30 0 31.47 31.47 2024-03-26 09:51:11
52wk High34.652wk High Date2023-04-18
52wk Low28.8352wk Low Date2024-02-13
Year End Close31.6Payment Date2019-12-06
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