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Magnetite Mines Limited (AU:MGT)
ASX:MGT
Australian Market

Magnetite Mines Limited (MGT) Technical Analysis

4 Followers

Summary of all the Indicators

Overall Consensus
Strong Sell
3Bullish
4Neutral
15Bearish
Technical Analysis Consensus
Neutral
3Bullish
4Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Magnetite Mines Limited’s (MGT) Moving Averages Convergence Divergence (MACD) indicator is >-0.01, suggesting Magnetite Mines Limited is a Sell.
Magnetite Mines Limited’s (MGT) 20-Day exponential moving average is 0.30, while Magnetite Mines Limited’s (MGT) share price is AU$0.305, making it a Sell.
Magnetite Mines Limited’s (MGT) 50-Day exponential moving average is 0.31, while Magnetite Mines Limited’s (MGT) share price is AU$0.305, making it a Sell.

Magnetite Mines Limited (MGT) Pivot Points

Jul 23, 2024, 11:23 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.28
0.28
0.29
0.30
0.31
0.31
0.32
Fibonacci
0.28
0.29
0.29
0.30
0.30
0.31
0.31
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Magnetite Mines Limited (MGT) Moving Averages

Jul 23, 2024, 11:23 AM
Period
Simple
Exponential
MA5
0.29Sell
0.29Sell
MA10
0.30Sell
0.29Sell
MA20
0.29Sell
0.30Sell
MA50
0.33Sell
0.31Sell
MA100
0.30Sell
0.31Sell
MA200
0.30Sell
0.32Sell
Magnetite Mines Limited’s (MGT) 10-Day exponential moving average is 0.29, while Magnetite Mines Limited’s (MGT) share price is AU$0.305, making it a Sell.
Magnetite Mines Limited’s (MGT) 100-Day exponential moving average is 0.31, while Magnetite Mines Limited’s (MGT) share price is AU$0.305, making it a Sell.
Magnetite Mines Limited’s (MGT) stock price is AU$0.305 and Magnetite Mines Limited’s (MGT) 50-day simple moving average is 0.33, creating a Sell signal.
Magnetite Mines Limited’s (MGT) stock price is AU$0.305 and Magnetite Mines Limited’s (MGT) 100-day simple moving average is 0.30, creating a Sell signal.
Magnetite Mines Limited’s (MGT) stock price is AU$0.305 and Magnetite Mines Limited’s (MGT) 200-day simple moving average is 0.30, creating a Sell signal.

Magnetite Mines Limited (MGT) Technical Indicators

Jul 23, 2024, 11:23 AM
Name
Value
Implied Action
RSI (14)
43.05
Neutral
STOCH (9,6)
4.07
Buy
STOCHRSI (14)
20.63
Neutral
MACD (12,26)
>-0.01
Sell
ADX (14)
23.20
Neutral
Williams %R
-100.00
Buy
CCI (14)
-16.68
Neutral
ATR (14)
0.02
-
Ultimate Oscillator
21.62
Sell
ROC
-6.67
Sell
Magnetite Mines Limited’s (MGT) Relative Strength Index (RSI) is 43.05, creating a Neutral signal.
Magnetite Mines Limited’s (MGT) Trend Strength Indicator (ADX) is 23.20, creating a Neutral signal.
Magnetite Mines Limited’s (MGT) Commodity Channel Index (CCI) is -16.68, creating a Neutral signal.
Magnetite Mines Limited’s (MGT) Price Rate of Change (ROC) is -6.67, creating a Sell signal.

FAQ

Is MGT a Buy, Hold, or Sell?
Based on MGT’s technical indicators, MGT is a Strong Sell.
    What is MGT’s RSI (14)?
    MGT’s RSI (14) is 43.05, which suggests MGT is a Neutral.
      What is MGT’s MACD?
      MGT’s MACD is >-0.01, which suggests MGT is a Sell.
        What is MGT’s 5-day moving average?
        MGT’s 5-day moving average is 0.29, which suggests MGT is a Sell.
          What is MGT’s 20-day moving average?
          MGT 20-day moving average is 0.29, which suggests MGT is a Sell.
            What is MGT’s 50-day moving average?
            MGT’s 50-day moving average is 0.33, which suggests MGT is a Sell.
              What is MGT’s 200-day moving average?
              MGT’s 200-day moving average is 0.30, which suggests MGT is a Sell.
                What is MGT’s Williams % R (14)?
                MGT’s Williams % R (14) is -100.00, which suggests MGT is a Buy.
                  What is MGT’s CCI (14)?
                  MGT’s CCI (14) is -16.68, which suggests MGT is a Neutral.
                    What is the share price of Magnetite Mines Limited?
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