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Re: rich2 post# 42386

Tuesday, 04/05/2022 4:10:03 PM

Tuesday, April 05, 2022 4:10:03 PM

Post# of 42518

from a stock chart analysis board

Moving Averages analysis
Price and moving averages has closed above its Short term moving average. Short term moving average is below its mid-term; and below long term moving averages. From the relationship between price and moving averages; we can see that: this stock is NEUTRAL in short-term; and BEARISH in mid-long term.
Bollinger Bands Analysis
Bollinger Bands has closed below upper band by 43.3%; above bottom band by 56.7%; Bollinger Bands are 733.3% wider than normal.The large width of the bands suggest high volatility as compared to MGLG's normal range. The bands have been in this wide range for 11 bars. This is often a sign that the current trend may be ending.