Technical Analysis for MGL - Magontec Ltd  

Grade Last Price % Change Price Change
D 0.325 1.56% 0.005
MGL closed up 1.56 percent on Wednesday, April 24, 2024, on 0 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.
Earnings due: Apr 26
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 1.56%
Oversold Stochastic Weakness 1.56%
Pocket Pivot Bullish Swing Setup 1.56%
Volume Surge Other 1.56%
Narrow Range Bar Range Contraction 1.56%
Gapped Up Strength 1.56%
Oversold Stochastic Weakness 1.56%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 21 hours ago
Up 1% about 21 hours ago
2x Volume Pace 2 days ago
1.5x Volume Pace 2 days ago
Gapped Up (Full) 2 days ago

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Profile

Magontec Ltd   Description

Magontec Limited (Magontec) is a holding company. The Company' principal activities include manufacture and sale of generic and specialist magnesium alloys; manufacture and distribution of magnesium and titanium cathodic corrosion protection products (anodes), and creating markets for magnesium alloys and technologies by supporting demonstration trials and programs for developing new applications. Its segments are Admin Units, which are Magontec administrative entities performing a Head Office function comprising Magontec Limited (Australia), Advanced Magnesium Technologies Pty Limited (Australia) and Varomet Holdings Limited (Cyprus); EUR, which are Magontec operating entities in Europe comprising Magontec GmbH (Germany) and Magontec SRL (Romania), and PRC, which include Magontec operating entities in the People's Republic of China comprising Magontec Xian Co. Ltd. (China), Magontec Shanxi Co. Ltd. (China), Magontec Suzhou Co. Ltd. (China) and Magontec Qinghai Co. Ltd. (China).


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Chemistry Natural Sciences Chemical Elements Titanium Magnesium

Is MGL 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 0.5903
52 Week Low 0.2492
Average Volume 21,163
200-Day Moving Average 0.405
50-Day Moving Average 0.371
20-Day Moving Average 0.342
10-Day Moving Average 0.329
Average True Range 0.011
RSI (14) 40.12
ADX 27.95
+DI 30.464
-DI 49.966
Chandelier Exit (Long, 3 ATRs) 0.351
Chandelier Exit (Short, 3 ATRs) 0.346
Upper Bollinger Bands 0.383
Lower Bollinger Band 0.302
Percent B (%b) 0.29
BandWidth 23.715
MACD Line -0.015
MACD Signal Line -0.014
MACD Histogram -0.0007
Fundamentals Value
Market Cap 374.05 Million
Num Shares 1.15 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio 325.00
Price-to-Sales 0.21
Price-to-Book 0.73
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.325
Resistance 3 (R3) 0.325 0.325 0.325
Resistance 2 (R2) 0.325 0.325 0.325 0.325
Resistance 1 (R1) 0.325 0.325 0.325 0.325 0.325
Pivot Point 0.325 0.325 0.325 0.325 0.325
Support 1 (S1) 0.325 0.325 0.325 0.325 0.325
Support 2 (S2) 0.325 0.325 0.325 0.325
Support 3 (S3) 0.325 0.325 0.325
Support 4 (S4) 0.325