MAG NEWS why is Mag Silver Corp price falling or rising

MAG NEWS reasons for why stock price of Mag Silver Corp is falling or rising

MAG Mag Silver is falling or rising technical reasons

Technical analysis forecast of Mag Silver Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mag Silver MAG at this time. Stock is rising and might rise more.

It appears as if Mag Silver MAG gave a large move recently.

Stock of Mag Silver (MAG) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Mag Silver is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.9, for a target of 12.3 or 11.84

MAG Mag Silver is falling or rising NEWS fundamental reasons

Does Mag 7 Leadership Remain Intact Post-Tesla and Meta Disappointments? We have Apple and Amazon on deck to report Q1 results this week, and we will need to wait a few more weeks before we see Nvidia’s numbers. But we have already seen Q1 results from the other four members of the ‘Magnificent 7’ grou - NEWS as on 2024-04-26 nasdaq.com

More announcements and NEWS

MAG Mag Silver Corp current price & indicator signals

Moving Averages for Mag Silver Corp

  • 5Day Average: 12.39
  • 12Day Average: 12.2
  • 20Day Average: 12.08
  • 50Day Average: 10.23
  • 100Day Average: 9.97
  • 150Day Average: 10.21
  • 200Day Average: 10.44

MAG Indicators & signals

Indicator MACD (12,26,9)

12.22, 11.56, 0.68
Indicator MACD is in positive zone

Indicator ADX (14)

53.33, 41.82, 12.73
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MAG Mag Silver Corp are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 12.96 12.72 to 13.25 -0.08% 0.74 times
25 Thu Apr 2024 12.97 12.03 to 13.00 7.46% 1.07 times
24 Wed Apr 2024 12.07 11.98 to 12.17 -0.49% 0.48 times
23 Tue Apr 2024 12.13 11.67 to 12.28 2.45% 0.69 times
22 Mon Apr 2024 11.84 11.58 to 12.11 -4.52% 1.03 times
19 Fri Apr 2024 12.40 12.17 to 12.61 1.97% 0.83 times
18 Thu Apr 2024 12.16 12.07 to 12.41 0.16% 0.51 times
17 Wed Apr 2024 12.14 11.83 to 12.28 4.03% 1.13 times
16 Tue Apr 2024 11.67 11.46 to 11.84 -1.68% 0.98 times
15 Mon Apr 2024 11.87 11.72 to 12.08 -0.59% 1.22 times
12 Fri Apr 2024 11.94 11.80 to 12.87 -2.21% 2.06 times
11 Thu Apr 2024 12.21 11.90 to 12.43 0.99% 0.93 times

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MAG NEWS why is Mag Silver Corp price falling or rising

 

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