Magnachip Semiconductor (MX, $4.63) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 27, 2025

#Semiconductors, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MicroCap
MX - Magnachip Semiconductor Corp
MACD signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $4.63
Daily change: -$0.22 (-4.54%)
Daily volume: 139.5K
Capitalization: $172.2M
Industry: Semiconductors

This is a Bearish indicator signaling MX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where MX's MACD histogram became negative, and 38 of them led to successful outcomes. Odds of Success: 79%.