MAGX
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Technical Sentiment Analysis for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). As of 2026-03-05, Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 1 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAGX stands at 42.05, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.42, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 45.18 and the Commodity Channel Index (CCI) at -42.78 further confirm a -0.2 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, MAGX is trading above its 60-day moving average of $54.64 and above its 200-day long-term moving average of $51.15. Key price levels to watch include the immediate resistance at $52.01 and strong support at $46.77. A break above $52.01 could signal a bull continuation, while falling below $46.77 may test the next Fibonacci floor at $44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 41.53 | 44 | 46.77 | 49.24 | 52.01 | 54.48 | 57.25 |
| Fibonacci | 44 | 46 | 47.24 | 49.24 | 51.24 | 52.48 | 54.48 |
2026-03-05
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.05 |
| Stochastic Oscillator | 45.18 |
| Stochastic RSI | 37.76 |
| Commodity Channel Index (CCI) | -42.78 |
| Awesome Oscillator | -3.66 |
| Momentum | -0.2 |
| MACD | -1.42 |
2026-03-05
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 48.89 | Sell |
| 10-Day | 49.55 | Sell |
| 20-Day | 49.98 | Sell |
| 60-Day | 54.64 | Sell |
| 200-Day | 51.15 | Sell |
| 250-Day | 47.25 | Buy |