
USA - NYSEARCA:MAGG - US5574413002 - ETF
Taking everything into account, MAGG scores 3 out of 10 in our technical rating. MAGG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is bad, MAGG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.49, a Stop Loss order could be placed below this zone.
19.60
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 MAGG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAGG is down. |
| ChartMill Relative Strength | 53.99 | NEUTRAL | MAGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAGG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAGG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.99 | NEUTRAL | The RSI value for MAGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MAGG has a negative trend. |
| Stochastics (14,3) | 16.02 | OVERSOLD | The low Stochastics value suggests MAGG may be oversold. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for MAGG suggests low volalility. |
| Average Directional Index/ADX (14) | 21.54 | NEUTRAL | The ADX value for MAGG suggests a possible start of a new trend. |
NYSEARCA:MAGG (11/17/2025, 8:04:00 PM)
20.515
-0.04 (-0.19%)
ChartMill assigns a technical rating of 3 / 10 to MAGG.
The current trend direction for MADISON AGGREGATE BOND ETF (MAGG) is Bullish.
MADISON AGGREGATE BOND ETF (MAGG) has an RSI value of 41.9855. This indicates that the stock is currently neutral.
The MACD indicator for MADISON AGGREGATE BOND ETF (MAGG) has a value of -0.0099383, indicating a bearish trend.
MADISON AGGREGATE BOND ETF (MAGG) has a support level at 20.49 and a resistance level at 20.54. Check the full technical report for our detailed analysis of MAGG support and resistance levels.