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Magna Mining Inc.

MGMNF•PNK
Basic Materials
Industrial Materials
$1.72
$0.06(3.61%)
U.S. Market opens in 14h 48m

Magna Mining Inc. (MGMNF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magna Mining Inc. (PNK:MGMNF).

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

MGMNF Technical Analysis Summary

Magna Mining Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.98)
Trend Strength:Weak (ADX: 17.11)
Volatility:High (ATR: 0.14)
Support/Resistance:$1.42 – $1.91 (Bollinger Bands)

Overall, Magna Mining Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.70

Bearish
Momentum remains weak below midpoint.

Williams %R: -63.93

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 10.39

Strongly Bullish
Strong upside momentum.

Takeaway:Magna Mining Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.11

Weak
Weak trend, market trading sideways.

ATR (14): 0.14

Low
Low volatility, stable price action.

CCI (14): -20.77

Bearish
Bearish, momentum remains under pressure.

Takeaway:Magna Mining Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.91
Middle Band (SMA 20)
$1.67
Lower Band
$1.42
Current Position
Within Bands

Takeaway:Magna Mining Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.00
Middle Line (EMA 20)
$1.72
Lower Channel
$1.44
Squeeze Status
Squeeze On

Takeaway:Magna Mining Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-3.01M
Money Flow Index58.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index35.60Bearish, price momentum favors sellers.

Overall Takeaway:MGMNF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Magna Mining Inc., here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Magna Mining Inc. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

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