ROUNDHILL MAGNIFICENT SEVEN (MAGS) Stock Technical Analysis
NYSEARCA:MAGS - NYSE Arca - US53656G4982 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to MAGS. In the past year, MAGS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month MAGS has a been trading in the 39.91 - 48.43 range, which is quite wide. It is currently trading near the high of this range.
MAGS has an average volume of 3292420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, MAGS did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MAGS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MAGS has a poor technical rating and the quality of the setup is also only medium 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
40.09
51.88
When analyzing the support we notice one important area.
- A support zone ranging from 40.49 to 41.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 47.64 to 48.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.37 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.17
Mansfield-0.06
10 Day High48.43
10 Day Low43.63
20 Day High48.43
20 Day Low39.91
52 Week High58.69
52 Week Low38.51
Performance
1 Week1.2%
2 Weeks11.18%
1 Month13.7%
3 Month-13.18%
6 Month-9.17%
12 Month18.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.59
RSI(14)54.7
LBB40.83
UBB49.64
47.15
-0.39 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.82%
1 Week1.2%
2 Weeks11.18%
1 Month13.7%
3 Month-13.18%
6 Month-9.17%
12 Month18.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.5
ATR(20)%4.13%
ATR Inc-53.8%
Range Today0.67
ADR(20)1.62
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.17
Mansfield-0.06
10 Day High48.43
10 Day Low43.63
20 Day High48.43
20 Day Low39.91
52 Week High58.69
52 Week Low38.51
CS1 End41.84
CR1 Start47.64
Volume & EV
DER(3)-0.76%
DER(5)0.53%
Volume1.47M
Volume Incr-35.78%
Vol(5)2.46M
Vol(50)3.29M