MAGX stock forecast, quote, news & analysis
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Magnificent Seven Basket... Show more
MAGX sees MACD Histogram crosses below signal line
MAGX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 02, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 17 instances where the indicator turned negative. In of the 17 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 06, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MAGX as a result. In of 31 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MAGX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 16 cases where MAGX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
MAGX moved above its 50-day moving average on January 09, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MAGX crossed bullishly above the 50-day moving average on December 04, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 2 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MAGX advanced for three days, in of 125 cases, the price rose further within the following month. The odds of a continued upward trend are .
MAGX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 142 cases where MAGX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .