STI Stock Trade Intelligence
MAG

MAGMATIC RESOURCES LIMITED

Materials · ASX:MAG
$0.0180
0.00%
Market cap
$9M
Turnover
$7,960
Last price
$0.0180
Day change
0.00%
Announcements
11
Range, past year
Open 0.053 · Low 0.018 · Now 0.018 · High 0.082
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MAG momentum and trend analysis

Our analysis
Independent analysis generated by Stock Trade Intelligence as at 2026-09-28.
Momentum quality
32/100
Wyckoff phase
Accumulation9d
Trend stage
Neutral
1 Day
+0.0%
1 Week
-5.3%
1 Month
-10.0%
1 Year
-65.4%
RSI
36
Avg daily range
7.6%

MAGMATIC RESOURCES LIMITED scores 32 out of 100 for momentum quality, a reading rated very low confidence. The score weighs trend structure, price consistency, volume backing and how long the move has held, so a high reading means a sustained trend rather than a single large day. Its trend is currently classified as Neutral.

On the Wyckoff cycle it sits in Accumulation, where it has been for 9 trading days. The weekly timeframe reads Downtrend, which does not yet agree with the daily view.

Against the wider market it is currently underperforming and the institutional accumulation signal reads low.

Points to watch
  • 60d drawdown -40.0%
  • High volatility (ATR 7.6%)
  • Thin liquidity
  • Risk rating: Very High
  • Composite downside risk elevated
MAG appears on this screen:
ASX stocks in Wyckoff accumulationASX momentum stocks by trend qualityASX stocks breaking outASX stocks near 52-week highs

MAG announcements

Recent price-sensitive releases.
  • 2026-08-27 Exploration Results from Myall FJVA Copper-Gold Project Progress Report
  • 2026-08-25 Weebo Project Follow Up RC Drilling to Commence Progress Report
  • 2026-07-31 Quarterly Activities/Appendix 5B Cash Flow Report Fourth Quarter Activities Report | Fourth Quarter Cash Flow Report
  • 2026-07-22 Gold Intercepts Upgrade Weebo Project Exploration Potential
  • 2026-06-18 Phase 3 Drill Program Completed at Weebo Gold Project
  • 2026-05-29 Phase 3 Drill Program commenced at Weebo Gold Project
  • 2026-05-21 Phase 3 Drill Program Commences at Weebo Gold Project
Get the daily briefing The day's price-sensitive announcements, ranked by what actually moved, with our own momentum and cycle read on each.