Why is MAGN Down Today?

MAGN
$9.94
▼ -5.96% ($-0.63)
Last updated: May 16, 2026 6:55 AM ET

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

PENDING 50% Confidence
🎯 Analysis In Progress
MAGN is down 6.0% today. Full analysis will be available shortly.

✅ Move Confirmation

MODERATE VOLUME 1.3x average volume

NORMAL - This move is backed by significant volume and appears sustainable.

Market Comparison

MAGN is significantly underperforming the market (-4.8% vs SPY)
S&P 500
SPY
-1.2%
Nasdaq 100
QQQ
-1.51%
MAGN
This Stock
-5.96%
vs S&P 500: -4.76%
vs Nasdaq: -4.45%

📊 What Happens Next?

Probability Analysis

50% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, MAGN is expected to trade between:
$9.64 - $10.24

Quick Trade Ideas

Options strategies to consider for MAGN's -6% move

📊

No Options Available

MAGN doesn't have listed options or options data is currently unavailable.

Try another stock in our Options Calculator →
Disclaimer: These are educational examples only, not investment advice. Options involve significant risk including total loss of premium. Prices shown are estimates and may differ from actual market prices. Always do your own research and consider your risk tolerance.

🔔 Get MAGN Alerts

We'll notify you when MAGN's trend changes or a new signal fires.

Last updated: May 16, 2026 6:55 AM
Data refreshes every 30 minutes during market hours

Frequently Asked Questions

Why is MAGN stock down today?

MAGN is down 6.0% today. Full analysis will be available shortly.

Is MAGN stock a buy or sell right now?

Based on current analysis, MAGN shows 50% confidence in today's move. Volume is moderate which supports the trend. View full buy/sell analysis →

What is the MAGN stock price target?

MAGN is currently trading at $9.94. Based on today's momentum, the expected short-term range is $9.64 - $10.24. See long-term price prediction →

Will MAGN stock continue falling?

Our analysis shows a 50% probability that MAGN's move continues in the next 1-3 days.

Is MAGN stock oversold or overbought?

MAGN's RSI (Relative Strength Index) is currently at 42.9. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for MAGN stock?

MAGN's 10-day momentum indicator is at -0.28. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is MAGN outperforming or underperforming the market?

MAGN (-5.96%) is currently significantly underperforming the market (-4.8% vs SPY). Today, the S&P 500 (SPY) is down -1.20%, and Nasdaq (QQQ) is down -1.51%.

What does MACD indicate for MAGN?

MAGN's MACD (0.05) is currently below the signal line (0.08), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 19.9) is weak.

Is MAGN in an uptrend or downtrend?

Based on moving average analysis, MAGN is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $10.61, 50-day SMA: $10.31.

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