LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:MAG7 - XS2779861249 - ETF
Taking everything into account, MAG7 scores 5 out of 10 in our technical rating. MAG7 was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
MAG7 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 28.46, a Stop Loss order could be placed below this zone.
More info and screens
25.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.46 to 28.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.01 from a trend line in the weekly time frame.
- Support @26.97 from a trend line in the daily time frame.
- Support @25.81 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 30.41 to 30.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 32.30 to 32.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.83 from a trend line in the weekly time frame.
- Resistance @34.07 from a trend line in the daily time frame.
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 MAG7.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAG7.MI is neutral. |
| ChartMill Relative Strength | 13.38 | NEGATIVE | MAG7.MI has a low relative strength, it was outperformed by 86.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MAG7.MI is below the rising 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) | UP | POSITIVE | The current price of MAG7.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.04 | NEUTRAL | The RSI value for MAG7.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MAG7.MI has a negative trend. |
| Stochastics (14,3) | 46.01 | NEUTRAL | The Stochastics value for MAG7.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for MAG7.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for MAG7.MI suggests a weak or negative trend. |
BIT:MAG7 (1/8/2026, 7:00:00 PM)
29.385
-0.92 (-3.05%)
LEVERAGE SHARES 5X LONG MAGN / MAG7.MI FAQ
What is the technical rating for MAG7 stock?
ChartMill assigns a technical rating of 5 / 10 to MAG7.MI.
Can you provide the trend direction for LEVERAGE SHARES 5X LONG MAGN?
The current trend direction for LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) is Bullish.
What is the RSI signal for LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) stock?
LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) has an RSI value of 48.035. This indicates that the stock is currently neutral.
What is the MACD signal for MAG7 stock?
The MACD indicator for LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) has a value of -0.0640058, indicating a bearish trend.
Can you provide the support and resistance levels for LEVERAGE SHARES 5X LONG MAGN?
LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) has a support level at 28.46 and a resistance level at 30.41. Check the full technical report for our detailed analysis of MAG7.MI support and resistance levels.