LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) Technical Analysis
BIT:MAG7 • XS2779861249
Current stock price
MAG7.MI Technical Rating and Analysis
Overall MAG7 gets a technical rating of 0 out of 10. MAG7's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MAG7 is a bad performer in the overall market: 97% of all stocks are doing better.
- Warning: MAG7 has an average volume of 11282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MAG7 is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MAG7 is lagging the market slightly.
- In the last month MAG7 has a been trading in the 11.25 - 20.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
MAG7.MI Weekly and Daily overview Charts
MAG7.MI Setup Rating and Analysis
The technical rating of MAG7 is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MAG7.MI Support and Resistance Analysis
11.47
When analyzing the support we notice one important area.
- Support @11.59 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @22.31 from a trend line in the daily time frame.
- Resistance @27.56 from a trend line in the weekly time frame.
- Resistance @32.69 from a horizontal line in the daily time frame.
MAG7.MI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MAG7.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAG7.MI is down. |
| ChartMill Relative Strength | 3.57 | NEGATIVE | MAG7.MI has a low relative strength, it was outperformed by 96.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAG7.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAG7.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAG7.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.01 | NEUTRAL | The RSI value for MAG7.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests MAG7.MI has a positive trend. |
| Stochastics (14,3) | 31.65 | NEUTRAL | The Stochastics value for MAG7.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.24 | HIGH VOLATILITY | The high ATR as a percentage value for MAG7.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.63 | POSITIVE | The high ADX value value for MAG7.MI suggests a strong trend. |
MAG7.MI Chart- and CandleStick Pattern Analysis
MAG7.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:MAG7 (4/8/2026, 7:00:00 PM)
15.352
+2.61 (+20.45%)
LEVERAGE SHARES 5X LONG MAGN / MAG7.MI TA FAQ
What is the technical rating for MAG7 stock?
ChartMill assigns a technical rating of 0 / 10 to MAG7.MI.
What is the current trend direction of LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) stock?
The current trend direction for LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) is Bearish.
What is the RSI signal for MAG7 stock?
LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) has an RSI value of 43.0078. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LEVERAGE SHARES 5X LONG MAGN?
The buy/sell signal for LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for MAG7 stock?
LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) has a support level at 11.59 and a resistance level at 22.31. Check the full technical report for our detailed analysis of MAG7.MI support and resistance levels.