STI Stock Trade Intelligence
MGL

MAGONTEC LIMITED

Materials · ASX:MGL
$0.2000
▼ -13.04%
Market cap
$12M
Turnover
$444
Last price
$0.2000
Day change
-13.04%
Announcements
4
Range, past year
Open 0.230 · Low 0.170 · Now 0.200 · High 0.265
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MGL momentum and trend analysis

Our analysis
Independent analysis generated by Stock Trade Intelligence as at 2026-09-28.
Momentum quality
18/100
Wyckoff phase
Accumulation2d
Trend stage
Neutral
1 Day
-13.0%
1 Week
+5.3%
1 Month
-9.1%
1 Year
-13.0%
RSI
47
Avg daily range
5.8%

MAGONTEC LIMITED scores 18 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 2 trading days. The weekly timeframe reads Downtrend, which does not yet agree with the daily view.

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

Points to watch
  • 60d drawdown -24.0%
  • Thin liquidity
  • Risk rating: High
  • Composite downside risk elevated
MGL appears on this screen:
ASX stocks in Wyckoff accumulationASX momentum stocks by trend qualityASX stocks breaking outASX stocks near 52-week highs

MGL announcements

Recent price-sensitive releases.
  • 2026-08-28 Magontec 2026 Half Year Results Announcement Half Yearly Report
  • 2026-08-28 Appendix 4D - Half Year Report 30 June 2026 Half Yearly Report
  • 2026-05-12 Executive Chairman's AGM Address to Shareholders
Get the daily briefing The day's price-sensitive announcements, ranked by what actually moved, with our own momentum and cycle read on each.