MGNR American Beacon GLG Natrl Res ETF Forecast, Technical & Fundamental Analysis
The investment seeks long-term capital appreciation... Show more
MGNR's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for MGNR turned positive on July 23, 2025. Looking at past instances where MGNR'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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 22, 2025. You may want to consider a long position or call options on MGNR as a result. In of 19 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 MGNR advanced for three days, in of 98 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 104 cases where MGNR 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 MGNR moved out of overbought territory on July 24, 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 12 similar instances where the indicator moved out of overbought territory. In of the 12 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MGNR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MGNR broke above its upper Bollinger Band on July 22, 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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General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GSTSX | 10.92 | 0.05 | +0.46% |
| Goldman Sachs Strategic Growth Svc | |||
| FBRNX | 87.35 | 0.32 | +0.37% |
| Fidelity Advisor Stock Sel I | |||
| NWAGX | 22.70 | -0.04 | -0.18% |
| Nationwide Janus Henderson Overseas A | |||
| FSENX | 58.69 | -0.19 | -0.32% |
| Fidelity Select Energy Portfolio | |||
| HFERX | 56.08 | -0.32 | -0.57% |
| Janus Henderson European Focus N | |||
MGNR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MGNR has been closely correlated with GNR. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MGNR jumps, then GNR could also see price increases.
| Ticker / NAME | Correlation To MGNR | 1D Price Change % | ||
|---|---|---|---|---|
| MGNR | 100% | +0.09% | ||
| GNR - MGNR | 86% Closely correlated | +0.32% | ||
| GUNR - MGNR | 84% Closely correlated | N/A | ||
| COPX - MGNR | 81% Closely correlated | -1.07% | ||
| VAW - MGNR | 78% Closely correlated | +1.11% | ||
| XLB - MGNR | 72% Closely correlated | +1.17% | ||
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