Why is MGNX Down Today?

MGNX
$1.75
▼ -4.37% ($-0.08)
Last updated: Feb 03, 2026 6:30 AM ET

Overall Confidence: 50%

50% Confident

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

PENDING 50% Confidence
🎯 Analysis In Progress
MGNX is down 4.4% today. Full analysis will be available shortly.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

Market Comparison

MGNX is significantly underperforming the market (-4.9% vs SPY)
S&P 500
SPY
+0.5%
Nasdaq 100
QQQ
+0.69%
MGNX
This Stock
-4.37%
vs S&P 500: -4.87%
vs Nasdaq: -5.06%

📊 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, MGNX is expected to trade between:
$1.70 - $1.80

🔔 Get MGNX Alerts

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

Last updated: Feb 03, 2026 6:30 AM
Data refreshes every 30 minutes during market hours

Frequently Asked Questions

Why is MGNX stock down today?

MGNX is down 4.4% today. Full analysis will be available shortly.

Is MGNX stock a buy or sell right now?

Based on current analysis, MGNX shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the MGNX stock price target?

MGNX is currently trading at $1.75. Based on today's momentum, the expected short-term range is $1.70 - $1.80. See long-term price prediction →

Will MGNX stock continue falling?

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

Is MGNX stock oversold or overbought?

MGNX's RSI (Relative Strength Index) is currently at 50.9. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for MGNX stock?

MGNX's 10-day momentum indicator is at 0.03. Positive momentum - the stock has mild upward pressure supporting the current trend.

Is MGNX outperforming or underperforming the market?

MGNX (-4.37%) is currently significantly underperforming the market (-4.9% vs SPY). Today, the S&P 500 (SPY) is up 0.50%, and Nasdaq (QQQ) is up 0.69%.

What does MACD indicate for MGNX?

MGNX's MACD (0.06) is currently below the signal line (0.06), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 26.0) is strong.

Is MGNX in an uptrend or downtrend?

Based on moving average analysis, MGNX 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: $1.78, 50-day SMA: $1.6.

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