Technical Analysis for MGF - Magellan Global Fund
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 2.125 | 0.24% | 0.005 |
MGF closed up 0.95 percent on Wednesday, April 24, 2024, on 1.52 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | 0.24% | |
| Crossed Above 50 DMA | Bullish | 0.24% | |
| Stochastic Buy Signal | Bullish | 0.24% | |
| Pocket Pivot | Bullish Swing Setup | 0.24% | |
| Strong but Oversold | Other | 0.24% | |
| Gapped Up | Strength | 0.24% | |
| Oversold Stochastic | Weakness | 0.24% | |
| 50 DMA Resistance | Bearish | 1.19% | |
| Gapped Up | Strength | 1.19% | |
| Oversold Stochastic | Weakness | 1.19% |
| Alert | Time |
|---|---|
| Possible NR7 | about 4 hours ago |
| 3x Volume Pace | about 4 hours ago |
| Possible Pocket Pivot | about 5 hours ago |
| 2x Volume Pace | about 5 hours ago |
| 1.5x Volume Pace | about 7 hours ago |
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Basic chart:
Magellan Global Fund is an open ended equity fund launched and managed by Magellan Asset Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as price-to-earnings and price-to-book multiples to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Net Total Return Index. Magellan Global Fund was formed on July 1, 2007 and is domiciled in Australia.
Sector: Financial
Industry: Capital Markets
Keywords: Asset Management Stock Market Stocks Msci Stock Fund Active Management Msci World Earnings Fundamental Analysis Global Fund Value Investing Magellan Global Fund
Classification
Sector: Financial
Industry: Capital Markets
Keywords: Asset Management Stock Market Stocks Msci Stock Fund Active Management Msci World Earnings Fundamental Analysis Global Fund Value Investing Magellan Global Fund
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 2.18 |
| 52 Week Low | 1.4812 |
| Average Volume | 1,664,499 |
| 200-Day Moving Average | 1.852 |
| 50-Day Moving Average | 2.111 |
| 20-Day Moving Average | 2.132 |
| 10-Day Moving Average | 2.125 |
| Average True Range | 0.019 |
| RSI (14) | 50.25 |
| ADX | 18.96 |
| +DI | 29.978 |
| -DI | 25.372 |
| Chandelier Exit (Long, 3 ATRs) | 2.122 |
| Chandelier Exit (Short, 3 ATRs) | 2.158 |
| Upper Bollinger Bands | 2.166 |
| Lower Bollinger Band | 2.098 |
| Percent B (%b) | 0.33 |
| BandWidth | 3.227 |
| MACD Line | 0.000 |
| MACD Signal Line | 0.006 |
| MACD Histogram | -0.0058 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 2.150 | ||||
| Resistance 3 (R3) | 2.153 | 2.147 | 2.145 | ||
| Resistance 2 (R2) | 2.147 | 2.139 | 2.145 | 2.143 | |
| Resistance 1 (R1) | 2.133 | 2.134 | 2.130 | 2.130 | 2.142 |
| Pivot Point | 2.127 | 2.127 | 2.125 | 2.125 | 2.127 |
| Support 1 (S1) | 2.113 | 2.119 | 2.110 | 2.110 | 2.098 |
| Support 2 (S2) | 2.107 | 2.114 | 2.105 | 2.097 | |
| Support 3 (S3) | 2.093 | 2.107 | 2.095 | ||
| Support 4 (S4) | 2.090 |
