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Magellan Global Fund Unit
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PenkeI guess you are interested in Magellan Global Fund Unit. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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Quick analysis of Magellan Global Fund Unit (30 sec.)










What can you expect buying and holding a share of Magellan Global Fund Unit? (30 sec.)

How much money do you get?

How much money do you get?
A$0.78
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
A$6.77
Expected worth in 1 year
A$2.55
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$-3.00
Return On Investment
-140.4%

For what price can you sell your share?

Current Price per Share
A$2.14
Expected price per share
A$2.1 - A$2.18
How sure are you?
50%

1. Valuation of Magellan Global Fund Unit (5 min.)




Live pricePrice per Share (EOD)

A$2.14

Intrinsic Value Per Share

A$-0.02 - A$0.31

Total Value Per Share

A$6.75 - A$7.09

2. Growth of Magellan Global Fund Unit (5 min.)




Is Magellan Global Fund Unit growing?

Current yearPrevious yearGrowGrow %
How rich?$6.2b$7.5b-$1.2b-20.2%

How much money is Magellan Global Fund Unit making?

Current yearPrevious yearGrowGrow %
Making money0.000.000.00?
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

3. Financial Health of Magellan Global Fund Unit (5 min.)




What can you expect buying and holding a share of Magellan Global Fund Unit? (5 min.)

Welcome investor! Magellan Global Fund Unit's management wants to use your money to grow the business. In return you get a share of Magellan Global Fund Unit.

What can you expect buying and holding a share of Magellan Global Fund Unit?

First you should know what it really means to hold a share of Magellan Global Fund Unit. And how you can make/lose money.

Speculation

The Price per Share of Magellan Global Fund Unit is A$2.14. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Magellan Global Fund Unit.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Magellan Global Fund Unit, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$6.77. Based on the TTM, the Book Value Change Per Share is A$-1.06 per quarter. Based on the YOY, the Book Value Change Per Share is A$-2.75 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.31 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Magellan Global Fund Unit.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.2813.2%0.2411.0%
Usd Book Value Change Per Share-0.68-31.6%-0.68-31.6%-1.76-82.4%0.031.5%0.7233.8%
Usd Dividend Per Share0.209.1%0.209.1%0.2511.5%0.094.1%0.073.4%
Usd Total Gains Per Share-0.48-22.5%-0.48-22.5%-1.52-71.0%0.125.6%0.8037.2%
Usd Price Per Share0.91-0.91-1.15-0.63-0.53-
Price to Earnings Ratio0.00-0.00-0.00-1.70-1.41-
Price-to-Total Gains Ratio-1.88--1.88--0.76--0.67--0.67-
Price to Book Ratio0.21-0.21-0.23-0.12-0.10-
Price-to-Total Gains Ratio-1.88--1.88--0.76--0.67--0.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.370456
Number of shares729
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.200.09
Usd Book Value Change Per Share-0.680.03
Usd Total Gains Per Share-0.480.12
Gains per Quarter (729 shares)-350.6587.79
Gains per Year (729 shares)-1,402.60351.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1570-1973-141325794341
21141-3946-2816514188692
31711-5919-42197712821043
42281-7891-562210283771394
52851-9864-702512854711745
63422-11837-842815425652096
73992-13810-983117996592447
84562-15783-1123420567532798
95132-17756-1263723138473149
105703-19729-1404025709423500

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.00.01.00.0%1.00.02.033.3%3.00.02.060.0%3.00.03.050.0%3.00.03.050.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%2.00.03.040.0%2.00.04.033.3%2.00.04.033.3%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%

Fundamentals of Magellan Global Fund Unit

About Magellan Global Fund Unit

Magellan Global Fund is a closed ended equity fund launched and managed by Magellan Asset Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as price-to-earnings and price-to-book multiples to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Net Total Return Index. Magellan Global Fund was formed on July 1, 2007 and is domiciled in Australia.

Fundamental data was last updated by Penke on 2024-04-01 13:57:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Magellan Global Fund Unit.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Magellan Global Fund Unit earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Magellan Global Fund Unit to the  industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Magellan Global Fund Unit:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y38.7%-38.7%
5Y38.7%10Y32.3%+6.5%
1.1.2. Return on Assets

Shows how efficient Magellan Global Fund Unit is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Magellan Global Fund Unit to the  industry mean.
  • 0.0% Return on Assets means that Magellan Global Fund Unit generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Magellan Global Fund Unit:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.4%-5.4%
5Y5.4%10Y4.5%+0.9%
1.1.3. Return on Equity

Shows how efficient Magellan Global Fund Unit is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Magellan Global Fund Unit to the  industry mean.
  • 0.0% Return on Equity means Magellan Global Fund Unit generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Magellan Global Fund Unit:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.6%-5.6%
5Y5.6%10Y4.7%+0.9%

1.2. Operating Efficiency of Magellan Global Fund Unit.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Magellan Global Fund Unit is operating .

  • Measures how much profit Magellan Global Fund Unit makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Magellan Global Fund Unit to the  industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Magellan Global Fund Unit:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Magellan Global Fund Unit is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.07 means that the operating costs are $0.07 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Magellan Global Fund Unit:

  • The MRQ is 0.073. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.073. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.073TTM0.0730.000
TTM0.073YOY-0.150+0.223
TTM0.0735Y0.049+0.024
5Y0.04910Y0.056-0.007

1.3. Liquidity of Magellan Global Fund Unit.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Magellan Global Fund Unit is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Magellan Global Fund Unit:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
1.3.2. Quick Ratio

Measures if Magellan Global Fund Unit is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Magellan Global Fund Unit to the  industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Magellan Global Fund Unit:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.4. Solvency of Magellan Global Fund Unit.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Magellan Global Fund Unit assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Magellan Global Fund Unit to industry mean.
  • A Debt to Asset Ratio of 0.02 means that Magellan Global Fund Unit assets are financed with 2.3% credit (debt) and the remaining percentage (100% - 2.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Magellan Global Fund Unit:

  • The MRQ is 0.023. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.023. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.023TTM0.0230.000
TTM0.023YOY0.027-0.004
TTM0.0235Y0.033-0.010
5Y0.03310Y0.040-0.007
1.4.2. Debt to Equity Ratio

Measures if Magellan Global Fund Unit is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Magellan Global Fund Unit to the  industry mean.
  • A Debt to Equity ratio of 2.3% means that company has $0.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Magellan Global Fund Unit:

  • The MRQ is 0.023. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.023. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.023TTM0.0230.000
TTM0.023YOY0.028-0.004
TTM0.0235Y0.034-0.010
5Y0.03410Y0.042-0.008

2. Market Valuation of Magellan Global Fund Unit

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Magellan Global Fund Unit generates.

  • Above 15 is considered overpriced but always compare Magellan Global Fund Unit to the  industry mean.
  • A PE ratio of 0.00 means the investor is paying $0.00 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Magellan Global Fund Unit:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y1.696-1.696
5Y1.69610Y1.413+0.283
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Magellan Global Fund Unit:

  • The EOD is 187.334. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 123.868. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 123.868. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD187.334MRQ123.868+63.466
MRQ123.868TTM123.8680.000
TTM123.868YOY-43.017+166.885
TTM123.8685Y5.606+118.262
5Y5.60610Y4.672+0.934
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Magellan Global Fund Unit is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.21 means the investor is paying $0.21 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Magellan Global Fund Unit:

  • The EOD is 0.316. Based on the equity, the company is cheap. +2
  • The MRQ is 0.209. Based on the equity, the company is cheap. +2
  • The TTM is 0.209. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.316MRQ0.209+0.107
MRQ0.209TTM0.2090.000
TTM0.209YOY0.230-0.021
TTM0.2095Y0.120+0.089
5Y0.12010Y0.100+0.020
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Magellan Global Fund Unit.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Magellan Global Fund Unit compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.056-1.0560%-2.754+161%0.050-2195%1.129-194%
Book Value Per Share--6.7736.7730%7.829-13%8.110-16%7.845-14%
Current Ratio----0%-0%-0%-0%
Debt To Asset Ratio--0.0230.0230%0.027-15%0.033-30%0.040-42%
Debt To Equity Ratio--0.0230.0230%0.028-15%0.034-31%0.042-44%
Dividend Per Share--0.3050.3050%0.383-20%0.138+122%0.115+166%
Eps----0%-0%0.442-100%0.368-100%
Free Cash Flow Per Share--0.0110.0110%-0.042+466%-0.016+241%-0.015+228%
Free Cash Flow To Equity Per Share---2.756-2.7560%-2.783+1%-1.216-56%-1.095-60%
Gross Profit Margin----0%-0%0.600-100%0.500-100%
Intrinsic Value_10Y_max--0.313--------
Intrinsic Value_10Y_min---0.019--------
Intrinsic Value_1Y_max---0.006--------
Intrinsic Value_1Y_min---0.016--------
Intrinsic Value_3Y_max--0.011--------
Intrinsic Value_3Y_min---0.037--------
Intrinsic Value_5Y_max--0.061--------
Intrinsic Value_5Y_min---0.044--------
Market Cap3034849243.280+33%2043449610.0002043449610.0000%2702833200.000-24%1518347802.000+35%1265289835.000+62%
Net Profit Margin----0%-0%0.387-100%0.323-100%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.0730.0730%-0.150+305%0.049+48%0.056+30%
Pb Ratio0.316+34%0.2090.2090%0.230-9%0.120+74%0.100+108%
Pe Ratio----0%-0%1.696-100%1.413-100%
Price Per Share2.140+34%1.4151.4150%1.800-21%0.987+43%0.823+72%
Price To Free Cash Flow Ratio187.334+34%123.868123.8680%-43.017+135%5.606+2109%4.672+2551%
Price To Total Gains Ratio-2.849-51%-1.884-1.8840%-0.759-60%-0.671-64%-0.671-64%
Quick Ratio----0%-0%-0%-0%
Return On Assets----0%-0%0.054-100%0.045-100%
Return On Equity----0%-0%0.056-100%0.047-100%
Total Gains Per Share---0.751-0.7510%-2.371+216%0.188-499%1.243-160%
Usd Book Value--6263637768.4006263637768.4000%7528688411.200-17%7791986437.680-20%7480320386.733-16%
Usd Book Value Change Per Share---0.677-0.6770%-1.764+161%0.032-2195%0.723-194%
Usd Book Value Per Share--4.3374.3370%5.014-13%5.194-16%5.024-14%
Usd Dividend Per Share--0.1960.1960%0.245-20%0.088+122%0.073+166%
Usd Eps----0%-0%0.283-100%0.236-100%
Usd Free Cash Flow--10564678.80010564678.8000%-40237612.800+481%-16014482.800+252%-14390641.867+236%
Usd Free Cash Flow Per Share--0.0070.0070%-0.027+466%-0.010+241%-0.009+228%
Usd Free Cash Flow To Equity Per Share---1.765-1.7650%-1.782+1%-0.779-56%-0.701-60%
Usd Market Cap1943517455.397+33%1308625130.2441308625130.2440%1730894381.280-24%972349932.401+35%810291610.334+62%
Usd Price Per Share1.370+34%0.9060.9060%1.153-21%0.632+43%0.527+72%
Usd Profit----0%-0%407586806.640-100%339655672.200-100%
Usd Revenue--1355403398.0001355403398.0000%-924408434.400+168%733228285.440+85%786141378.133+72%
Usd Total Gains Per Share---0.481-0.4810%-1.518+216%0.120-499%0.796-160%
 EOD+3 -4MRQTTM+0 -0YOY+14 -115Y+12 -2110Y+12 -21

4.2. Fundamental Score

Let's check the fundamental score of Magellan Global Fund Unit based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Book Ratio (EOD)Between0-10.316
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.023
Debt to Equity Ratio (MRQ)Less than10.023
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.000
Total3/9 (33.3%)

4.3. Technical Score

Let's check the technical score of Magellan Global Fund Unit based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.919
Ma 20Greater thanMa 502.141
Ma 50Greater thanMa 1002.103
Ma 100Greater thanMa 2001.994
OpenGreater thanClose2.140
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets10,009,840
Total Liabilities229,019
Total Stockholder Equity9,780,821
 As reported
Total Liabilities 229,019
Total Stockholder Equity+ 9,780,821
Total Assets = 10,009,840

Assets

Total Assets10,009,840
Total Current Assets0
Long-term Assets0
Total Current Assets
Net Receivables 9,182
Total Current Assets  (as reported)0
Total Current Assets  (calculated)9,182
+/- 9,182
Long-term Assets
Long-term Assets  (as reported)0
Long-term Assets  (calculated)0
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity9,780,821
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Other Stockholders Equity 9,780,821
Total Stockholder Equity (as reported)9,780,821
Total Stockholder Equity (calculated)9,780,821
+/-0
Other
Cash And Equivalents664,279
Cash and Short Term Investments 664,279
Common Stock Shares Outstanding 1,444,134
Liabilities and Stockholders Equity 10,009,840



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
9,995,560
11,225,145
11,623,678
17,878,448
12,079,787
10,009,840
10,009,84012,079,78717,878,44811,623,67811,225,1459,995,560
   > Total Current Assets 000000
       Cash And Cash Equivalents 
1,819,756
899,232
1,777,140
960,771
0
0
00960,7711,777,140899,2321,819,756
       Net Receivables 
21,277
15,132
21,646
8,848
29,579
9,182
9,18229,5798,84821,64615,13221,277
   > Long-term Assets 000000
> Total Liabilities 
748,230
566,475
490,504
370,470
323,559
229,019
229,019323,559370,470490,504566,475748,230
   > Total Current Liabilities 000000
   > Long-term Liabilities 000000
> Total Stockholder Equity
9,247,330
10,658,670
11,133,174
17,507,978
11,756,228
9,780,821
9,780,82111,756,22817,507,97811,133,17410,658,6709,247,330
   Common Stock000000
   Retained Earnings Total Equity000000
   Accumulated Other Comprehensive Income 000000
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
9,247,330
10,658,670
11,133,174
17,507,978
11,756,228
9,780,821
9,780,82111,756,22817,507,97811,133,17410,658,6709,247,330



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue2,116,495
Cost of Revenue-154,381
Gross Profit1,962,1141,962,114
 
Operating Income (+$)
Gross Profit1,962,114
Operating Expense-0
Operating Income1,936,5741,962,114
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income1,936,574
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)01,936,574
EBIT - interestExpense = 0
0
0
Interest Expense0
Earnings Before Interest and Taxes (EBIT)00
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax0
Tax Provision-0
Net Income From Continuing Ops00
Net Income0
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Magellan Global Fund Unit
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Magellan Global Fund Unit. The general trend of Magellan Global Fund Unit is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Magellan Global Fund Unit's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Magellan Global Fund Unit.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 2.18.

The bearish price targets are: 2.11 > 2.1 > 2.1.

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Magellan Global Fund Unit Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Magellan Global Fund Unit. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Magellan Global Fund Unit Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Magellan Global Fund Unit. The current macd is 0.00952335.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Magellan Global Fund Unit price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Magellan Global Fund Unit. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Magellan Global Fund Unit price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Magellan Global Fund Unit Daily Moving Average Convergence/Divergence (MACD) ChartMagellan Global Fund Unit Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Magellan Global Fund Unit. The current adx is 22.15.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Magellan Global Fund Unit shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Magellan Global Fund Unit Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Magellan Global Fund Unit. The current sar is 2.15977588.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Magellan Global Fund Unit Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Magellan Global Fund Unit. The current rsi is 55.92. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Magellan Global Fund Unit Daily Relative Strength Index (RSI) ChartMagellan Global Fund Unit Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Magellan Global Fund Unit. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 3/(-6 +6).

  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Magellan Global Fund Unit price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Magellan Global Fund Unit Daily Stochastic Oscillator ChartMagellan Global Fund Unit Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Magellan Global Fund Unit. The current cci is 8.81057269.

Magellan Global Fund Unit Daily Commodity Channel Index (CCI) ChartMagellan Global Fund Unit Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Magellan Global Fund Unit. The current cmo is 8.59797214.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Magellan Global Fund Unit Daily Chande Momentum Oscillator (CMO) ChartMagellan Global Fund Unit Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Magellan Global Fund Unit. The current willr is -50.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Magellan Global Fund Unit is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Magellan Global Fund Unit Daily Williams %R ChartMagellan Global Fund Unit Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Magellan Global Fund Unit.

Magellan Global Fund Unit Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Magellan Global Fund Unit. The current atr is 0.0177035.

Magellan Global Fund Unit Daily Average True Range (ATR) ChartMagellan Global Fund Unit Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Magellan Global Fund Unit. The current obv is 126,604,320.

Magellan Global Fund Unit Daily On-Balance Volume (OBV) ChartMagellan Global Fund Unit Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Magellan Global Fund Unit. The current mfi is 59.42.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Magellan Global Fund Unit Daily Money Flow Index (MFI) ChartMagellan Global Fund Unit Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Magellan Global Fund Unit.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-13ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-03STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Magellan Global Fund Unit Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Magellan Global Fund Unit based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.919
Ma 20Greater thanMa 502.141
Ma 50Greater thanMa 1002.103
Ma 100Greater thanMa 2001.994
OpenGreater thanClose2.140
Total4/5 (80.0%)
Penke

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