Stock Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
MGX MINERALS INC ORD (NASDAQ:MGXMF)
Weak Downtrend (-65) - MGXMF is showing signs of a strengthening downtrend. Monitor MGXMF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MGXMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGXMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGXMF
The long-term trend has been UP since Oct 20th, 2021 at 0.04970
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 0.05500
The short-term trend has been DOWN since Nov 15th, 2021 at 0.06685
Smart Scan Analysis for MGXMF
Based on our trend formula, MGXMF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.5835||Year High Date||2018-01-22|
|Year Low||0.3213||Year Low Date||2018-11-29|
|52wk High||0.1275||52wk High Date||2021-10-27|
|52wk Low||0.02625||52wk Low Date||2021-09-15|
|Average Volume||274,836||Shares Outstanding||51,816|