Technical Analysis for MGNR - American Beacon GLG Natural Resources ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Crossed Above 20 DMA | Bullish | 0.00% | |
180 Bullish Setup | Bullish Swing Setup | 0.00% | |
NR7 | Range Contraction | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Gapped Up | Strength | 0.00% | |
Fell Below 20 DMA | Bearish | 2.39% | |
Gapped Up | Strength | 2.39% | |
Crossed Above 20 DMA | Bullish | 2.33% | |
Fell Below 20 DMA | Bearish | 2.77% | |
MACD Bearish Signal Line Cross | Bearish | 2.77% |
Alert | Time |
---|---|
Possible NR7 | about 4 hours ago |
Rose Above 20 DMA | about 7 hours ago |
Rose Above Previous Day's High | about 7 hours ago |
Rose Above 10 DMA | about 7 hours ago |
1.5x Volume Pace | about 7 hours ago |
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American Beacon GLG Natural Resources ETF Description
MGNR offers exposure to companies involved in various aspects of natural resources, including ownership, production, refining, processing, transportation, distribution, mining, exploration, storage, and related activities. In addition, it broadly defines natural resources, encompassing metals, agricultural products, timber, water, and energy from both fossil fuel and renewable sources, as well as chemicals. With a concentrated portfolio ranging from 30 to 60 global stocks, the fund primarily targets large and mid-cap stocks. The fund prioritizes firms with a track record of historical growth performance by combining top-down and bottom-up analyses, a commodities viewpoint with sub-sector selection, and bottom-up stock picking. Both growth and value investment styles are also incorporated. Holdings are divested based on changing market conditions, company performance, and valuation, aiming to optimize gains and minimize losses. The fund may invest in foreign currencies directly.
Classification
Keywords: Mining Chemical Agricultural Products Value Investing Renewable Resource
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 32.5795 |
52 Week Low | 23.9378 |
Average Volume | 14,892 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 30.36 |
20-Day Moving Average | 30.88 |
10-Day Moving Average | 31.21 |
Average True Range | 0.52 |
RSI (14) | 59.68 |
ADX | 10.2 |
+DI | 31.21 |
-DI | 23.96 |
Chandelier Exit (Long, 3 ATRs) | 30.53 |
Chandelier Exit (Short, 3 ATRs) | 31.63 |
Upper Bollinger Bands | 31.86 |
Lower Bollinger Band | 29.89 |
Percent B (%b) | 0.85 |
BandWidth | 6.40 |
MACD Line | 0.23 |
MACD Signal Line | 0.24 |
MACD Histogram | -0.0079 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 31.91 | ||||
Resistance 3 (R3) | 31.88 | 31.75 | 31.85 | ||
Resistance 2 (R2) | 31.75 | 31.66 | 31.76 | 31.83 | |
Resistance 1 (R1) | 31.65 | 31.60 | 31.70 | 31.68 | 31.81 |
Pivot Point | 31.52 | 31.52 | 31.54 | 31.53 | 31.52 |
Support 1 (S1) | 31.42 | 31.43 | 31.47 | 31.45 | 31.31 |
Support 2 (S2) | 31.29 | 31.37 | 31.30 | 31.29 | |
Support 3 (S3) | 31.19 | 31.29 | 31.27 | ||
Support 4 (S4) | 31.22 |