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AMEX Stock MGN Historical charts - Mines Management

Historical charts for Stock MGN - Share Mines Management trades in AMEX

Moving Averages for

  • 5Day Average: 1.26
  • 12Day Average: 1.27
  • 20Day Average: 1.33
  • 50Day Average: 1.36
  • 100Day Average: 1.1
  • 150Day Average: 0.91

MGN Indicators & signals

Indicator MACD (12,26,9)

1.28, 1.31, -0.01
Indicator MACD is in negative zone

Indicator ADX (14)

0, 50, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MGN are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Tue Sep 2016 1.13 1.13 to 1.27 -10.32% 1.65 times
12 Mon Sep 2016 1.26 1.18 to 1.28 1.61% 0.92 times
09 Fri Sep 2016 1.24 1.24 to 1.35 -9.49% 0.86 times
08 Thu Sep 2016 1.37 1.34 to 1.41 4.58% 0.53 times
07 Wed Sep 2016 1.31 1.31 to 1.41 -6.43% 1.22 times
06 Tue Sep 2016 1.40 1.33 to 1.40 9.37% 1.05 times
02 Fri Sep 2016 1.28 1.25 to 1.36 3.23% 1.45 times
01 Thu Sep 2016 1.24 1.17 to 1.27 2.48% 1.26 times
31 Wed Aug 2016 1.21 1.18 to 1.25 -1.63% 1.43 times
30 Tue Aug 2016 1.23 1.18 to 1.30 -3.91% 0.87 times
29 Mon Aug 2016 1.28 1.21 to 1.30 -0.78% 0.4 times
26 Fri Aug 2016 1.29 1.24 to 1.32 0.78% 1.51 times

Technical analysis forecast for MGN Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MGN MGN at this time. Stock is falling and might fall more.

It appears as if MGN MGN gave a large move recently.

Stock of MGN (MGN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of MGN is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MGN stays below 1.2, but if it comes above 1.2, then a intra day buy could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1 as target. However if you take a buy trade in MGN, then use 1.2 as stoploss and 1.31 as target.

Tomorrow's movement Prediction of MGN is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 1.16

Tomorrow's movement Prediction of MGN is strongly bearish. It has broken a strong support of 2 and is expected to move down further.

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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