ROUNDHILL MAGNIFICENT SEVEN (MAGS) Stock Technical Analysis
NYSEARCA:MAGS - NYSE Arca - US53656G4982 - ETF - Currency: USD
Taking everything into account, MAGS scores 1 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MAGS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MAGS has an average volume of 3093850 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 51% of all stocks.
In the last month MAGS has a been trading in the 39.00 - 49.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MAGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 44.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.35, a Stop Loss order could be placed below this zone.
More info and screens
40.09
57.23
We found 1 important support area.
- A support zone ranging from 40.49 to 41.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 44.87 to 45.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.43 from a horizontal line in the daily time frame.
- Resistance @52.25 from a trend line in the daily time frame.
- Resistance @56.66 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
CRS51.5
Mansfield-0.44
10 Day High46.68
10 Day Low39
20 Day High49.46
20 Day Low39
52 Week High58.69
52 Week Low36.24
Performance
1 Week-3.5%
2 Weeks-3.32%
1 Month-9%
3 Month-23.38%
6 Month-10.36%
12 Month16.22%
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)0.06
RSI(14)39.75
LBB40.01
UBB48.13
42.48
-0.3 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.7%
1 Week-3.5%
2 Weeks-3.32%
1 Month-9%
3 Month-23.38%
6 Month-10.36%
12 Month16.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.64
ATR(20)%5.28%
ATR Inc-32.13%
Range Today1
ADR(20)1.92
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.5
Mansfield-0.44
10 Day High46.68
10 Day Low39
20 Day High49.46
20 Day Low39
52 Week High58.69
52 Week Low36.24
CS1 End41.35
CR1 Start44.87
Volume & EV
DER(3)-3.96%
DER(5)-1.93%
Volume2.10M
Volume Incr-31.57%
Vol(5)2.82M
Vol(50)3.09M