NYSEARCA:MAG - NYSE Arca - CA55903Q1046 - Common Stock - Currency: USD
Overall MAG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAG is showing a nice and steady performance.
Although MAG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
14.20
We found 5 important support areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MAG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAG is up. |
ChartMill Relative Strength | 93.84 | POSITIVE | MAG has a high relative strength, it outperformed 93.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.82 | NEUTRAL | The RSI value for MAG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MAG has a positive trend. |
Stochastics (14,3) | 78.11 | NEUTRAL | The Stochastics value for MAG is a neutral value. |
Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for MAG suggests some volalility. |
Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for MAG suggests a possible start of a new trend. |
NYSEARCA:MAG (8/8/2025, 1:00:57 PM)
23.1
+0.26 (+1.14%)