


Technical Sentiment Analysis for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). As of 2026-03-25, 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 2 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAGX stands at 39.14, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.82, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.55 and the Commodity Channel Index (CCI) at -110.52 further confirm a -4.86 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, MAGX is trading above its 60-day moving average of $51.89 and above its 200-day long-term moving average of $51.73. Key price levels to watch include the immediate resistance at $48.82 and strong support at $42.92. A break above $48.82 could signal a bull continuation, while falling below $42.92 may test the next Fibonacci floor at $40.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.02 | 40 | 42.92 | 45.9 | 48.82 | 51.8 | 54.72 |
| Fibonacci | 40 | 42.26 | 43.65 | 45.9 | 48.16 | 49.55 | 51.8 |
2026-03-25
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 39.14 |
| Stochastic Oscillator | 20.55 |
| Stochastic RSI | 17 |
| Commodity Channel Index (CCI) | -110.52 |
| Awesome Oscillator | -3.95 |
| Momentum | -4.86 |
| MACD | -1.82 |
2026-03-25
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 44.54 | Sell |
| 10-Day | 45.83 | Sell |
| 20-Day | 47.47 | Sell |
| 60-Day | 51.89 | Sell |
| 200-Day | 51.73 | Sell |
| 250-Day | 47.97 | Sell |