STI Stock Trade Intelligence
MGX

MOUNT GIBSON IRON LIMITED

Materials · ASX:MGX
$0.3300
▲ +1.54%
Market cap
$390M
Turnover
$161,409
Last price
$0.3300
Day change
+1.54%
Announcements
6
Range, past year
Open 0.375 · Low 0.255 · Now 0.330 · High 0.495
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MGX momentum and trend analysis

Our analysis
Independent analysis generated by Stock Trade Intelligence as at 2026-09-28.
Momentum quality
24/100
Wyckoff phase
Downtrend10d
Trend stage
Breakdown
1 Day
+1.5%
1 Week
-1.5%
1 Month
-13.2%
1 Year
-12.0%
RSI
40
Avg daily range
3.3%

MOUNT GIBSON IRON LIMITED scores 24 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 Breakdown.

On the Wyckoff cycle it sits in Downtrend, where it has been for 10 trading days. The weekly timeframe reads Downtrend, which agrees with the daily view.

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

Points to watch
  • Risk rating: High
  • Composite downside risk elevated
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MGX announcements

Recent price-sensitive releases.
  • 2026-08-31 Groundrush decline agreement signed Progress Report
  • 2026-08-21 Financial Results for 2025/2026 Financial Year Preliminary Final Report
  • 2026-08-21 FY2026 Appendix 4E and Statutory Financials Preliminary Final Report | Full Year Accounts | Full Year Audit Review | Full Year Directors' Statement | Full Year Directors' Report
  • 2026-07-20 Quarterly Activities Report
  • 2026-06-11 Agreement to Divest the Koolan Island Iron Ore Operation
  • 2026-04-24 Quarterly Activities Report
Get the daily briefing The day's price-sensitive announcements, ranked by what actually moved, with our own momentum and cycle read on each.