MADISON AGGREGATE BOND ETF (MAGG) Technical Analysis
NYSEARCA:MAGG • US5574413002
Current stock price
MAGG Technical Rating and Analysis
Taking everything into account, MAGG scores 0 out of 10 in our technical rating. MAGG'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, MAGG is a bad performer in the overall market: 65% of all stocks are doing better.
- Warning: MAGG has an average volume of 4376 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MAGG 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 MAGG is lagging the market slightly.
- In the last month MAGG has a been trading in a tight range between 20.15 and 20.53.
MAGG Weekly and Daily overview Charts
MAGG Setup Rating and Analysis
Although the technical rating is bad, MAGG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.35, a Stop Loss order could be placed below this zone.
More info and screens
MAGG Support and Resistance Analysis
19.82
We found 1 important support area.
- A support zone ranging from 20.02 to 20.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.45 to 21.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MAGG 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 MAGG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAGG is neutral. |
| ChartMill Relative Strength | 35.18 | NEUTRAL | MAGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MAGG is above 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 | MIXED | The current price of MAGG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for MAGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MAGG has a positive trend. |
| Stochastics (14,3) | 85.56 | OVERBOUGHT | The high Stochastics value suggests MAGG may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for MAGG suggests low volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for MAGG suggests a weak or negative trend. |
MAGG Chart- and CandleStick Pattern Analysis
MAGG Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:MAGG (4/9/2026, 8:04:00 PM)
20.43
+0.02 (+0.07%)
MADISON AGGREGATE BOND ETF / MAGG TA FAQ
Can you provide the ChartMill technical rating for MADISON AGGREGATE BOND ETF?
ChartMill assigns a technical rating of 0 / 10 to MAGG.
Can you provide the trend direction for MADISON AGGREGATE BOND ETF?
The current trend direction for MADISON AGGREGATE BOND ETF (MAGG) is Bearish.
What is the RSI signal for MAGG stock?
MADISON AGGREGATE BOND ETF (MAGG) has an RSI value of 51.528. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MADISON AGGREGATE BOND ETF?
MADISON AGGREGATE BOND ETF (MAGG) has a support level at 20.35 and a resistance level at 20.45. Check the full technical report for our detailed analysis of MAGG support and resistance levels.