MAGNERA CORP (MAGN) Stock Technical Analysis
NYSE:MAGN - New York Stock Exchange, Inc. - US55939A1079 - Common Stock - Currency: USD
Taking everything into account, MAGN scores 0 out of 10 in our technical rating. MAGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, MAGN is a bad performer in the overall market: 100% of all stocks are doing better.
MAGN is one of the lesser performing stocks in the Paper & Forest Products industry. 100% of 9 stocks in the same industry do better.
In the last month MAGN has a been trading in the 13.07 - 19.21 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MAGN is bad and it also does not present a quality setup 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
13.12
15.42
We found 1 important support area.
- Support @13.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.05 to 15.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 High16.44
10 Day Low13.07
20 Day High19.21
20 Day Low13.07
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-10.75%
2 Weeks0.22%
1 Month-27.65%
3 Month-24.41%
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)-0.14
RSI(14)32.04
LBB12.71
UBB16.85
13.53
-0.06 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.44%
1 Week-10.75%
2 Weeks0.22%
1 Month-27.65%
3 Month-24.41%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%8.47%
ATR Inc-25.22%
Range Today1.32
ADR(20)1.06
ADR(20)%7.87%
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 High16.44
10 Day Low13.07
20 Day High19.21
20 Day Low13.07
52 Week HighN/A
52 Week LowN/A
CS1 End13.25
CR1 Start15.05
Volume & EV
DER(3)13.16%
DER(5)6.45%
Volume866.40K
Volume Incr16.37%
Vol(5)575.90K
Vol(50)522.42K