Is Magazine Luiza S.A. stock a buy or sell right now?

Magazine Luiza S.A. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Magazine Luiza S.A.’s RSI?

RSI is 49.37, showing balanced momentum within the normal range.

What does MACD indicate for MGLUY?

MACD at 0.06 remains positive, but the signal line crossover suggests short-term caution.

What are Magazine Luiza S.A.’s key support and resistance levels?

Support sits around $6.65, while resistance is near $8.63.

Magazine Luiza S.A.

MGLUY•PNK

Consumer Cyclical

Specialty Retail

$7.19

$-0.14(-1.91%)

U.S. Market opens in 6h 36m

Magazine Luiza S.A. (MGLUY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magazine Luiza S.A. (PNK:MGLUY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGLUY Technical Analysis Summary

Magazine Luiza S.A. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 49.37)

Trend Strength:Moderate (ADX: 26.50)

Volatility:Medium (ATR: 0.25)

Support/Resistance:$6.65 – $8.63 (Bollinger Bands)

This mix signals that Magazine Luiza S.A. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.37

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 61.17

Bullish

Buying momentum building without extremes.

Williams %R: -64.39

Bearish

Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.69

Strongly Bearish

Sharp downside momentum.

Takeaway:Magazine Luiza S.A. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish

Bullish, trend momentum is strengthening.

ADX: 26.50

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.25

Low

Low volatility, stable price action.

CCI (14): -13.27

Neutral

Neutral, no strong directional signal.

Takeaway:Magazine Luiza S.A. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$8.63

Middle Band (SMA 20)

$7.64

Lower Band

$6.65

Current Position

Within Bands

Takeaway:Magazine Luiza S.A. trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$7.90

Middle Line (EMA 20)

$7.41

Lower Channel

$6.92

Squeeze Status

No Squeeze

Takeaway:Magazine Luiza S.A. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume660.00

Money Flow Index33.69Bearish, selling pressure outweighs inflows.

Relative Vigor Index26.69Bearish, price momentum favors sellers.

Overall Takeaway:MGLUY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary

Based on the current technical analysis of Magazine Luiza S.A., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Magazine Luiza S.A. are mixed, suggesting a Hold or wait-and-see approach.