LEVERAGE SHARES 5X LONG MAGN (MAG7.MI) Stock Technical Analysis
BIT:MAG7 - Euronext Milan - XS2779861249 - ETF - Currency: EUR
Taking everything into account, MAG7 scores 0 out of 10 in our technical rating. MAG7 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MAG7 is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month MAG7 has a been trading in the 16.50 - 49.32 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MAG7 has an average volume of 4919 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MAG7 is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.34
16.67
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High41.68
10 Day Low16.5
20 Day High49.32
20 Day Low16.5
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-48.39%
2 Weeks-58.48%
1 Month-57.19%
3 Month-52.34%
6 Month-6.83%
12 MonthN/A
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)-2.68
RSI(14)27.91
LBB15.46
UBB50.62
BIT:MAG7 (3/7/2025, 7:00:00 PM)
16.504
-3.52 (-17.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-17.56%
1 Week-48.39%
2 Weeks-58.48%
1 Month-57.19%
3 Month-52.34%
6 Month-6.83%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.48
ATR(20)%30.52%
ATR Inc-29.69%
Range Today2.11
ADR(20)3.55
ADR(20)%21.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High41.68
10 Day Low16.5
20 Day High49.32
20 Day Low16.5
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume5.62K
Volume Incr32.59%
Vol(5)6.14K
Vol(50)4.92K