AMS:MAGU - Euronext Amsterdam - IE00BLB2GS19 - ETF - Currency: USD
Overall MAGU gets a technical rating of 6 out of 10. In the last year, MAGU was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MAGU has an average technical rating and also the quality of the setup is 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.
5.18
4 important support areas can be observed.
We found 1 important resistance 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 MAGU.AS is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAGU.AS is up. |
ChartMill Relative Strength | 0 | NEGATIVE | MAGU.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAGU.AS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAGU.AS is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 56.83 | NEUTRAL | The RSI value for MAGU.AS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MAGU.AS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 93.61 | OVERBOUGHT | The high Stochastics value suggests MAGU.AS may be overbought. |
Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for MAGU.AS suggests low volalility. |
Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for MAGU.AS suggests a weak or negative trend. |
AMS:MAGU (5/30/2025, 7:00:00 PM)
5.9984
-0.01 (-0.15%)