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MAGX
ETF ticker: BATS
AS OF
Jul 3 closing price
Price
$43.00
Change
+$0.41 (+0.96%)
Net Assets
75.7M

MAGX Roundhill Daily 2X Lon Mag Sev ETF Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Magnificent Seven Basket... Show more

Category: #Trading
MAGX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MAGX with price predictions
Jul 03, 2025

MAGX's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for MAGX turned positive on June 27, 2025. Looking at past instances where MAGX's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MAGX advanced for three days, in of 82 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 78 cases where MAGX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for MAGX moved out of overbought territory on July 01, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 9 similar instances where the indicator moved out of overbought territory. In of the 9 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 .

MAGX broke above its upper Bollinger Band on June 26, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

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MAGX
Daily Signalchanged days ago
Gain/Loss if bought
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Interact to see
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
United States
Phone
N/A
Web
N/A
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MAGX and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, MAGX has been closely correlated with QLD. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if MAGX jumps, then QLD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MAGX
1D Price
Change %
MAGX100%
+0.96%
QLD - MAGX
95%
Closely correlated
+1.88%
TQQQ - MAGX
95%
Closely correlated
+2.80%
SPXL - MAGX
89%
Closely correlated
+2.27%
SSO - MAGX
89%
Closely correlated
+1.49%
SOXL - MAGX
81%
Closely correlated
+1.46%
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