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.
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MarketClub’s Trade Triangles for MAGRX
The long-term trend has been DOWN since Mar 10th, 2023 at 32.60
The intermediate-term trend has been UP since Mar 1st, 2024 at 29.59
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).
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 High | 34.6 | 52wk High Date | 2023-04-18 |
52wk Low | 28.83 | 52wk Low Date | 2024-02-13 |
Year End Close | 31.6 | Payment Date | 2019-12-06 |