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MAGX
ETF ticker: BATS
AS OF
Jun 25, 04:59 PM (EDT)
Price
$41.03
Change
+$0.01 (+0.02%)
Net Assets
72.66M

MAGX Roundhill Daily 2X Lon Mag Sev ETF Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Magnificent Seven Basket... Show more

Category: #Trading
MAGX
Daily Signalchanged days ago
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A.I.Advisor
a Summary for MAGX with price predictions
Jun 24, 2025

MAGX's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Oscillator for MAGX moved out of overbought territory on May 19, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 8 instances where the indicator moved out of the overbought zone. In of the 8 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 16 cases where MAGX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MAGX turned negative on June 04, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 11 similar instances when the indicator turned negative. In of the 11 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MAGX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 30, 2025. You may want to consider a long position or call options on MAGX as a result. In of 22 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MAGX advanced for three days, in of 82 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 74 cases where MAGX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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MAGX
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
United States
Phone
N/A
Web
N/A
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MAGX and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, MAGX has been closely correlated with QLD. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if MAGX jumps, then QLD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MAGX
1D Price
Change %
MAGX100%
+2.27%
QLD - MAGX
95%
Closely correlated
+3.03%
TQQQ - MAGX
95%
Closely correlated
+4.55%
SSO - MAGX
90%
Closely correlated
+2.21%
SPXL - MAGX
89%
Closely correlated
+3.18%
SOXL - MAGX
81%
Closely correlated
+11.33%
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