Technical Analysis for MFG - Magellan Financial Group Ltd

Grade Last Price % Change Price Change
C 8.740 0.69% 0.060
MFG closed up 0.69 percent on Friday, May 3, 2024, on 45 percent of normal volume.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.69%
Down 3 Days in a Row Weakness 0.69%
Narrow Range Bar Range Contraction 0.00%
Gapped Down Weakness 0.00%
Gapped Up Strength -2.56%
Expansion Pivot Sell Setup Bearish Swing Setup 0.58%
200 DMA Support Bullish 0.58%
Gapped Down Weakness 0.58%
Lower Bollinger Band Touch Weakness 0.58%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Magellan Financial Group Ltd Description

Magellan Financial Group Limited is a fund management company. The Company's objective includes offering international investment funds to high net worth and retail investors in Australia and New Zealand, and institutional investors across the globe. Its segments include Funds Management, Principal Investments and Corporate. The funds management activities of the Company are undertaken by the controlled entities, Magellan Asset Management Limited (MAM) and MFG Services LLC (MFGS). MAM's funds management activities comprise acting as trustee, responsible entity and investment manager for the managed investment schemes offered primarily to Australian and New Zealand investors. MFGS acts as a service company providing MAM with services of investment analysts and distribution personnel based in the United States. The principal investment portfolio comprises its investments in the Australian Stock Exchange (ASX) Quoted Funds, the Unlisted Magellan Funds and the Frontier MFG Funds.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Australian Securities Exchange Investment Fund Asset Management Investment Funds Responsible Entity Fund Management Retail Investors Institutional Investor

Is MFG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 10.4
52 Week Low 5.8661
Average Volume 832,057
200-Day Moving Average 8.459
50-Day Moving Average 9.183
20-Day Moving Average 9.080
10-Day Moving Average 8.851
Average True Range 0.267
RSI (14) 41.52
ADX 24.61
+DI 20.865
-DI 39.681
Chandelier Exit (Long, 3 ATRs) 9.129
Chandelier Exit (Short, 3 ATRs) 9.181
Upper Bollinger Bands 9.660
Lower Bollinger Band 8.499
Percent B (%b) 0.21
BandWidth 12.778
MACD Line -0.172
MACD Signal Line -0.126
MACD Histogram -0.0452
Fundamentals Value
Market Cap 1.6 Billion
Num Shares 184 Million
EPS 2.18
Price-to-Earnings (P/E) Ratio 4.00
Price-to-Sales 15.99
Price-to-Book 10.71
PEG Ratio 0.00
Dividend 2.15
Dividend Yield 24.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.920
Resistance 3 (R3) 8.913 8.847 8.890
Resistance 2 (R2) 8.847 8.801 8.850 8.880
Resistance 1 (R1) 8.793 8.773 8.820 8.800 8.870
Pivot Point 8.727 8.727 8.740 8.730 8.727
Support 1 (S1) 8.673 8.681 8.700 8.680 8.610
Support 2 (S2) 8.607 8.653 8.610 8.600
Support 3 (S3) 8.553 8.607 8.590
Support 4 (S4) 8.560