Why is MGN Down Today?
Overall Confidence: 50%
Based on news, social sentiment, options activity, and sector analysis
✅ Move Confirmation
UNCONFIRMED - Low volume suggests this move may not be sustainable.
Market Comparison
🔔 Get MGN Alerts
We'll notify you when MGN's trend changes or a new signal fires.
Data refreshes every 30 minutes during market hours
Frequently Asked Questions
Why is MGN stock down today?
MGN is down 4.0% today. Full analysis will be available shortly.
Is MGN stock a buy or sell right now?
Based on current analysis, MGN shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →
What is the MGN stock price target?
MGN is currently trading at $1.69. Based on today's momentum, the expected short-term range is $1.64 - $1.74. See long-term price prediction →
Will MGN stock continue falling?
Our analysis shows a 50% probability that MGN's move continues in the next 1-3 days.
Is MGN stock oversold or overbought?
MGN's RSI (Relative Strength Index) is currently at 44.7. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.
What is the momentum for MGN stock?
MGN's 10-day momentum indicator is at -0.06. Negative momentum - the stock has mild downward pressure which may continue short-term.
Is MGN outperforming or underperforming the market?
MGN (-3.98%) is currently significantly underperforming the market (-3.7% vs SPY). Today, the S&P 500 (SPY) is down -0.30%, and Nasdaq (QQQ) is down -1.20%.
What does MACD indicate for MGN?
MGN's MACD (-0.01) is currently below the signal line (0.0), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 19.7) is weak.
Is MGN in an uptrend or downtrend?
Based on moving average analysis, MGN is in a bearish trend. The price ($1.69) is trading below both the 20-day SMA ($1.77) and 50-day SMA ($1.84). This alignment typically indicates sustained downward pressure.
Check Why Another Stock is Moving
Enter any ticker symbol to see real-time analysis