Technical Analysis for MGR - Magna Gold Corp

Grade Last Price % Change Price Change
grade C 0.29 -3.33% -0.010
MGR closed down 3.33 percent on Friday, October 18, 2019, on 59 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Down Down
See historical MGR trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -3.33%
50 DMA Resistance Bearish -3.33%
MACD Bearish Centerline Cross Bearish -3.33%
New Downtrend Bearish -3.33%

Older signals for MGR ...

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Basic chart:
Profile
Magna Gold Corp. focuses on the acquisition, exploration, and development of mineral properties in Mexico. The company explores for gold and silver deposits. It holds interests in the Mercedes gold property; the Las Marias property that consists of seven mining concessions covering 646 hectares; and the Las Cabanas that consists of two claims covering 248 hectares located in Sonora, Mexico. The company is headquartered in Toronto, Canada.
Mining Companies Sonora
Is MGR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 0.55
52 Week Low 0.19
Average Volume 70,770
200-Day Moving Average 0.0
50-Day Moving Average 0.3408
20-Day Moving Average 0.369
10-Day Moving Average 0.3475
Average True Range 0.0298
ADX 29.93
+DI 27.1211
-DI 36.3918
Chandelier Exit (Long, 3 ATRs ) 0.4606
Chandelier Exit (Short, 3 ATRs ) 0.3794
Upper Bollinger Band 0.437
Lower Bollinger Band 0.301
Percent B (%b) -0.08
BandWidth 36.856369
MACD Line -0.0094
MACD Signal Line 0.0022
MACD Histogram -0.0116
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.343
Resistance 3 (R3) 0.348 0.337 0.334
Resistance 2 (R2) 0.337 0.323 0.334 0.331
Resistance 1 (R1) 0.313 0.315 0.308 0.308 0.328
Pivot Point 0.302 0.302 0.299 0.299 0.302
Support 1 (S1) 0.278 0.288 0.273 0.273 0.252
Support 2 (S2) 0.267 0.280 0.264 0.249
Support 3 (S3) 0.243 0.267 0.246
Support 4 (S4) 0.238