ROUNDHILL MAGNIFICENT SEVEN (MAGS) Stock Technical Analysis
NYSEARCA:MAGS • US53656G4982
Overall MAGS gets a technical rating of 1 out of 10. MAGS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- MAGS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- MAGS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAGS is lagging the market slightly.
- MAGS has an average volume of 3505500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, MAGS turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
MAGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 61.14, a Stop Loss order could be placed below this zone.
More info and screens
41.80
3 important support areas can be observed.
- A support zone ranging from 60.96 to 61.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.88 from a trend line in the weekly time frame.
- Support @42.22 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 65.16 to 65.58. 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 67.62 to 69.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MAGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAGS is down. |
| ChartMill Relative Strength | 57.96 | NEUTRAL | MAGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAGS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.91 | NEUTRAL | The RSI value for MAGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MAGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28 | NEUTRAL | The Stochastics value for MAGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MAGS suggests some volalility. |
| Average Directional Index/ADX (14) | 34.13 | POSITIVE | The high ADX value value for MAGS suggests a strong trend. |
NYSEARCA:MAGS (2/24/2026, 12:33:45 PM)
62.26
+0.66 (+1.07%)
ROUNDHILL MAGNIFICENT SEVEN / MAGS FAQ
What is the ChartMill technical rating of ROUNDHILL MAGNIFICENT SEVEN (MAGS) stock?
ChartMill assigns a technical rating of 1 / 10 to MAGS.
What is the current trend direction of ROUNDHILL MAGNIFICENT SEVEN (MAGS) stock?
The current trend direction for ROUNDHILL MAGNIFICENT SEVEN (MAGS) is Bearish.
What is the RSI signal for MAGS stock?
ROUNDHILL MAGNIFICENT SEVEN (MAGS) has an RSI value of 36.9134. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ROUNDHILL MAGNIFICENT SEVEN?
The buy/sell signal for ROUNDHILL MAGNIFICENT SEVEN (MAGS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ROUNDHILL MAGNIFICENT SEVEN (MAGS) stock?
ROUNDHILL MAGNIFICENT SEVEN (MAGS) has a support level at 61.14 and a resistance level at 65.16. Check the full technical report for our detailed analysis of MAGS support and resistance levels.