MGX

ASX · Equity

MGX Resources Limited

AU Basic Materials Steel

Latest week
29 May 2026
Close
0.355000
Fair value
0.396218
Expectation
Negative 42.79%
Weekly Close Trend Line Fair Value Activity Lines

Chart Summary

Key Points

Week Ending
29 May 2026
Latest Close
0.35
12-Week Change
-15.48%
Trend Signal
Inactive
Expectation
Negative 42.79%
Signal Weeks
2 of 12
Vs Trend Line
Below
Vs Fair Value
Below
Relative Strength
-7.67
Market Dynamics
-1.03

Over the latest 12 completed weeks ending 2026-05-29, MGX fell 15.48%, moving from 0.42 to 0.35. The latest weekly close is below the Trend Line and below Fair Value. Trend Signal is inactive on the latest week and was active in 2 of the last 12 weeks. Relative Strength is -7.67 and has softened across the 12-week window. Market Dynamics is -1.03 on the latest week. Expectation is negative at 42.79%.