🇺🇸 United States ETF Radar · CBOE

MAGX

ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF

Leveraged · Unclassified · Unclassified

Fresh breakdown
Country Radar Open Chart
Recent price path MAGX recent weekly close path 49 USD 24 Jul 2026
Weekly Return -11.0% latest completed week
4-Week Return 3.9% short momentum
Trend Gap -7.3% Trend negative
Fair Gap 14.8% vs fair value
Volume 0.8x 364.4K latest
Market Dynamics -0.19 negative
Relative Strength -14.65 vs country ETF tape
Opportunity -22.9 composite radar score
Risk 52.2 -21.1% drawdown · 6.3% volatility
Price Action

Price, Trend Line, Fair Value

12 months
MAGX weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
MAGX Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Lost Trend Line High risk score Tactical exposure

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Price has fallen below the Trend Line.

MAGX sits in Leveraged, so read it as a United States exposure first and a single ETF second.

The latest week moved -11.0%; the four-week move is 3.9%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.8x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
  • Sharp fall below the Trend Line
  • Momentum is fading after a stronger short-term run
  • High weekly volatility raises position risk
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 DLLL · NASDAQ GRANITESHARES 2X LONG DELL DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 20.3% 4W 16.9% Vol 1.4x 20.3% 2 NRGU · NYSEARCA MICROSECTORS U.S. BIG OIL 3 LEVERAGED ETNS DUE FEBRUARY 17, 2045 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.7% 4W 47.1% Vol 1.1x 7.7% 3 RTXG · NASDAQ Leverage Shares 2X Long RTX Daily ETF 🇺🇸 United States · Leveraged Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week 20.0% 4W 26.2% Vol 1.1x 20.0% 4 MULL · NASDAQ GRANITESHARES 2X LONG MU DAILY ETF 🇺🇸 United States · Leveraged Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 14.5% 4W -38.3% Vol 2.3x 14.5% 5 BNKU · NYSEARCA MICROSECTORS U.S. BIG BANKS 3 LEVERAGED ETNS DUE FEBRUARY 17, 2045 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.2% 4W 12.6% Vol 0.6x 1.2% 6 AAPU · NASDAQ DIREXION DAILY AAPL BULL 2X SHARES 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -0.7% 4W 36.5% Vol 0.7x -0.7% 7 MUU · NASDAQ DIREXION DAILY MU BULL 2X SHARES 🇺🇸 United States · Leveraged Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 14.8% 4W -38.7% Vol 4.7x 14.8% 8 AAPB · NASDAQ GRANITESHARES 2X LONG AAPL DAILY ETF 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -1.0% 4W 35.1% Vol 0.9x -1.0% 9 AMUU · NASDAQ DIREXION DAILY AMD BULL 2X SHARES 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week 10.2% 4W -4.5% Vol 0.6x 10.2% 10 AAPX · CBOE T-REX 2X LONG APPLE DAILY TARGET ETF 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -0.6% 4W 37.5% Vol 0.6x -0.6%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

6 Feb 2026 Broke below Trend Line 52 USD · -9.6%
17 Apr 2026 Crossed above Trend Line 56 USD · 17.4%
12 Jun 2026 Broke below Trend Line 52 USD · -4.7%
10 Jul 2026 Crossed above Trend Line 56 USD · 7.7%
24 Jul 2026 Broke below Trend Line 49 USD · -11.0%
MAGX

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 43 USD 38 USD 35 USD % 0.83 6.17 537.5K
8 Aug 2025 48 USD 38 USD 35 USD 11.3% 1.06 14.65 681.3K
15 Aug 2025 49 USD 38 USD 36 USD 1.8% 1.24 14.98 390.4K
22 Aug 2025 48 USD 38 USD 36 USD -2.6% 1.38 11.23 432.7K
29 Aug 2025 48 USD 39 USD 36 USD 0.0% 1.61 10.74 1.5M
5 Sep 2025 49 USD 39 USD 36 USD 3.9% 1.64 13.88 773.9K
12 Sep 2025 52 USD 39 USD 36 USD 5.2% 1.71 17.23 922.8K
19 Sep 2025 56 USD 39 USD 36 USD 6.9% 1.72 22.98 430.0K
26 Sep 2025 55 USD 40 USD 37 USD -1.8% 1.59 20.42 392.5K
3 Oct 2025 55 USD 40 USD 37 USD 0.0% 1.47 18.49 336.9K
10 Oct 2025 51 USD 41 USD 37 USD -5.9% 1.22 13.71 430.7K
17 Oct 2025 54 USD 42 USD 37 USD 4.9% 1.06 16.52 277.1K
24 Oct 2025 57 USD 43 USD 38 USD 4.9% 1.00 19.26 443.4K
31 Oct 2025 60 USD 44 USD 38 USD 5.7% 1.07 24.38 990.4K
7 Nov 2025 56 USD 45 USD 38 USD -6.6% 1.06 17.65 598.9K
14 Nov 2025 54 USD 46 USD 38 USD -2.9% 0.82 13.72 441.5K
21 Nov 2025 52 USD 46 USD 38 USD -3.8% 0.37 11.26 462.6K
28 Nov 2025 57 USD 47 USD 39 USD 9.6% -0.06 17.10 310.5K
5 Dec 2025 59 USD 48 USD 39 USD 2.3% -0.26 19.16 220.8K
12 Dec 2025 56 USD 49 USD 39 USD -3.8% -0.37 15.23 285.2K
19 Dec 2025 57 USD 49 USD 39 USD 1.5% -0.36 16.75 281.5K
26 Dec 2025 59 USD 50 USD 39 USD 3.9% -0.44 19.39 135.6K
2 Jan 2026 56 USD 51 USD 39 USD -6.2% -0.65 13.16 278.3K
9 Jan 2026 57 USD 51 USD 40 USD 2.8% -0.73 14.39 206.1K
16 Jan 2026 55 USD 52 USD 40 USD -4.1% -0.85 10.02 269.9K
23 Jan 2026 56 USD 52 USD 40 USD 2.0% -0.91 12.58 467.6K
30 Jan 2026 57 USD 53 USD 40 USD 1.6% -0.82 13.85 756.3K
6 Feb 2026 52 USD 53 USD 40 USD -9.6% -0.94 3.12 433.4K
13 Feb 2026 48 USD 53 USD 40 USD -6.6% -1.07 -2.25 214.1K
20 Feb 2026 51 USD 54 USD 40 USD 4.9% -1.27 1.36 188.7K
27 Feb 2026 48 USD 54 USD 41 USD -4.3% -1.51 -2.65 242.4K
6 Mar 2026 48 USD 54 USD 41 USD -0.7% -1.54 -1.61 253.7K
13 Mar 2026 46 USD 54 USD 41 USD -3.8% -1.55 -4.13 179.8K
20 Mar 2026 44 USD 54 USD 41 USD -5.5% -1.56 -7.96 168.6K
27 Mar 2026 39 USD 53 USD 41 USD -9.9% -1.55 -15.30 259.0K
3 Apr 2026 43 USD 53 USD 41 USD 9.7% -1.51 -10.52 373.2K
10 Apr 2026 47 USD 53 USD 41 USD 10.1% -1.27 -5.28 386.1K
17 Apr 2026 56 USD 53 USD 41 USD 17.4% -0.75 5.55 607.4K
24 Apr 2026 56 USD 53 USD 41 USD 0.6% -0.18 4.95 730.3K
1 May 2026 56 USD 53 USD 41 USD 0.5% 0.39 3.96 1.7M
8 May 2026 61 USD 53 USD 41 USD 7.6% 0.84 8.55 889.1K
15 May 2026 61 USD 54 USD 41 USD 0.8% 1.00 8.68 755.7K
22 May 2026 60 USD 54 USD 42 USD -1.9% 0.99 5.22 265.7K
29 May 2026 62 USD 54 USD 42 USD 3.2% 0.93 6.56 214.4K
5 Jun 2026 55 USD 54 USD 42 USD -11.5% 0.74 -3.47 353.7K
12 Jun 2026 52 USD 54 USD 42 USD -4.7% 0.50 -8.61 381.8K
19 Jun 2026 53 USD 54 USD 42 USD 1.8% 0.36 -7.93 280.1K
26 Jun 2026 47 USD 53 USD 42 USD -11.7% 0.11 -16.63 342.1K
3 Jul 2026 52 USD 53 USD 42 USD 11.2% 0.05 -9.30 474.6K
10 Jul 2026 56 USD 53 USD 42 USD 7.7% 0.06 -3.79 441.9K
17 Jul 2026 55 USD 53 USD 42 USD -2.5% -0.01 -4.81 459.0K
24 Jul 2026 49 USD 53 USD 42 USD -11.0% -0.19 -14.65 364.4K