MAGNERA CORP (MAGN) Technical Analysis
NYSE:MAGN • US55939A1079
Current stock price
MAGN Technical Rating and Analysis
Overall MAGN gets a technical rating of 1 out of 10. MAGN'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, MAGN is a bad performer in the overall market: 90% of all stocks are doing better.
- MAGN is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 62% are performing better than MAGN.
- MAGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAGN is lagging the market.
- In the last month MAGN has a been trading in the 8.71 - 11.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MAGN Weekly and Daily overview Charts
MAGN Setup Rating and Analysis
The technical rating of MAGN 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
MAGN Support and Resistance Analysis
8.66
2 important support areas can be observed.
- Support @9.07 from a trend line in the daily time frame.
- A support zone ranging from 8.75 to 8.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @10.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.09 to 11.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.21 from a trend line in the weekly time frame.
- Resistance @14.95 from a horizontal line in the daily time frame.
MAGN 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 MAGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAGN is neutral. |
| ChartMill Relative Strength | 10.66 | NEGATIVE | MAGN has a low relative strength, it was outperformed by 89.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.5 | NEUTRAL | The RSI value for MAGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MAGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.03 | NEUTRAL | The Stochastics value for MAGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for MAGN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.01 | NEUTRAL | The ADX value for MAGN suggests a possible start of a new trend. |
MAGN Chart- and CandleStick Pattern Analysis
MAGN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MAGN (4/23/2026, 2:02:47 PM)
10.32
-0.01 (-0.1%)
MAGNERA CORP / MAGN TA FAQ
What is the technical rating for MAGN stock?
ChartMill assigns a technical rating of 1 / 10 to MAGN.
Can you provide the trend direction for MAGNERA CORP?
The current trend direction for MAGNERA CORP (MAGN) is Bearish.
Can you provide the RSI signal for MAGNERA CORP?
MAGNERA CORP (MAGN) has an RSI value of 48.4974. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAGNERA CORP?
The MACD indicator for MAGNERA CORP (MAGN) has a value of 0.210511, indicating a bearish trend.
What is the short term momentum for MAGN stock?
The short term momentum for MAGNERA CORP (MAGN) is neutral.