Technical Analysis for MAGS - Roundhill Magnificent Seven ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 47.94 | 1.68% | 0.79 |
MAGS closed up 1.68 percent on Wednesday, July 3, 2024, on 2.5 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | N/A | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| Above Upper BB | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Upper Bollinger Band Touch | Strength | 0.00% | |
| New 52 Week Closing High | Bullish | 1.68% | |
| Pocket Pivot | Bullish Swing Setup | 1.68% |
| Alert | Time |
|---|---|
| 60 Minute Opening Range Breakout | about 7 hours ago |
| Up 1% | about 7 hours ago |
| Possible Pocket Pivot | about 7 hours ago |
| Rose Above Previous Day's High | about 11 hours ago |
| New 52 Week High | about 11 hours ago |
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Basic chart:
The fund is an actively managed exchange-traded fund ("ETF") that pursues its investment objective by seeking investment exposure to the largest companies ("Underlying Issuers") in one or more of the following industries, each of which is defined by an independent industry classification scheme: Technology Hardware Industry; E-Commerce Discretionary Industry; Internet Media & Services Industry; and Software Industry (collectively, the "Technology Industries"). The fund is non-diversified.
Keywords: Exchange Traded Funds Betashares Synthetic Replication E Commerce Internet Media
Classification
Keywords: Exchange Traded Funds Betashares Synthetic Replication E Commerce Internet Media
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 47.94 |
| 52 Week Low | 30.88 |
| Average Volume | 337,641 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 42.01 |
| 20-Day Moving Average | 44.70 |
| 10-Day Moving Average | 45.54 |
| Average True Range | 0.82 |
| RSI (14) | 77.12 |
| ADX | 38.67 |
| +DI | 38.96 |
| -DI | 11.53 |
| Chandelier Exit (Long, 3 ATRs) | 45.48 |
| Chandelier Exit (Short, 3 ATRs) | 43.82 |
| Upper Bollinger Bands | 47.39 |
| Lower Bollinger Band | 42.01 |
| Percent B (%b) | 1.1 |
| BandWidth | 12.02 |
| MACD Line | 1.36 |
| MACD Signal Line | 1.17 |
| MACD Histogram | 0.1896 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 49.20 | ||||
| Resistance 3 (R3) | 49.06 | 48.50 | 48.99 | ||
| Resistance 2 (R2) | 48.50 | 48.18 | 48.57 | 48.92 | |
| Resistance 1 (R1) | 48.22 | 47.98 | 48.36 | 48.36 | 48.85 |
| Pivot Point | 47.66 | 47.66 | 47.73 | 47.73 | 47.66 |
| Support 1 (S1) | 47.38 | 47.34 | 47.52 | 47.52 | 47.03 |
| Support 2 (S2) | 46.82 | 47.14 | 46.89 | 46.96 | |
| Support 3 (S3) | 46.54 | 46.82 | 46.89 | ||
| Support 4 (S4) | 46.68 |
