MAGNERA CORP (MAGN) Stock Technical Analysis
NYSE:MAGN - New York Stock Exchange, Inc. - US55939A1079 - Common Stock
Taking everything into account, MAGN scores 3 out of 10 in our technical rating. MAGN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than MAGN.
MAGN is one of the lesser performing stocks in the Paper & Forest Products industry. 100% of 9 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month MAGN has a been trading in the 17.50 - 19.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MAGN 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 17.80, a Stop Loss order could be placed below this zone.
More info and screens
17.62
20.68
When analyzing the support we notice one important area.
- A support zone ranging from 17.80 to 17.80. 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 18.18 to 18.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.48 from a horizontal 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
CRS0
Mansfield-30
10 Day High19.44
10 Day Low17.53
20 Day High19.44
20 Day Low17.5
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-1.43%
2 Weeks-4.59%
1 Month-0.56%
3 MonthN/A
6 MonthN/A
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)-0.2
RSI(14)40.92
LBB17.54
UBB18.91
MAGNERA CORP
NYSE:MAGN (1/21/2025, 8:13:00 PM)
After market: 17.86 0 (0%)17.86
-0.21 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-1.16%
1 Week-1.43%
2 Weeks-4.59%
1 Month-0.56%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%3.89%
ATR Inc0.51%
Range Today0.73
ADR(20)0.68
ADR(20)%3.8%
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 High19.44
10 Day Low17.53
20 Day High19.44
20 Day Low17.5
52 Week HighN/A
52 Week LowN/A
CS1 End17.8
CR1 Start18.18
Volume & EV
DER(3)-1.3%
DER(5)-0.99%
Volume356.20K
Volume Incr-32.98%
Vol(5)294.74K
Vol(50)917.18K