MGN resistance levels
Next resistance areas above the price
Prices above the last close where MGN made swing highs and turned lower before, nearest first.
The last close ($4.12) sits inside an area, $3.98 to $4.14: 1 swing high: Oct 9, 2026 at $4.06.
| # | Area | Above close | What happened there | Volume |
|---|---|---|---|---|
| 1 | $4.83 to $5.00 | +17.3% 1.1 ATR | 1 swing high: Jun 12, 2026 at $4.92 25 sessions traded up into it and closed below it; last traded in Sep 22, 2026 (28 sessions ago); last closed above it Sep 14, 2026. | 2.5% |
| 2 | $5.23 to $5.39 | +26.9% 1.7 ATR | 1 swing high: Aug 20, 2026 at $5.31 22 sessions traded up into it and closed below it; last traded in Sep 14, 2026 (34 sessions ago); last closed above it Sep 10, 2026. | 2.5% |
| 3 | $5.97 to $6.13 | +44.9% 2.8 ATR | 1 swing high: May 19, 2026 at $6.05 19 sessions traded up into it and closed below it; last traded in Sep 10, 2026 (36 sessions ago); last closed above it Sep 9, 2026. | 2.4% |
| 4 | $6.31 to $6.47 | +53.1% 3.3 ATR | 1 swing high: Feb 13, 2026 at $6.39 22 sessions traded up into it and closed below it; last traded in Sep 10, 2026 (36 sessions ago); last closed above it Sep 9, 2026. | 2.3% |
| 5 | $6.64 to $6.80 | +61.1% 3.8 ATR | 1 swing high: Jan 12, 2026 at $6.72 13 sessions traded up into it and closed below it; last traded in Sep 10, 2026 (36 sessions ago); last closed above it Sep 9, 2026. | 1.6% |
For context, not areas: 52-week high $25.13 · 50-day average $3.56 · 200-day average $4.97 (averages move every day).
Built from 274 daily sessions, Sep 29, 2025 to Oct 30, 2026 (end-of-day data; our history starts Jul 1, 2024). Prices before Mar 26, 2026 are adjusted for a 10-for-1 split, detected from the exact size of that day’s price change. Prices before Sep 17, 2026 are adjusted for a 1-for-30 split, detected from the exact size of that day’s price change. History before Sep 29, 2025 is excluded: the stock opened 21.6% lower that day on ordinary volume (0.1x its average), the pattern of a corporate action such as a spin-off rather than of trading, so older prices are not comparable. A swing high is the highest high within 5 sessions on each side, so the last 5 sessions cannot form one yet. Swing highs within half an ATR of each other form one area (ATR $0.6584, the average daily range over 14 sessions). Volume share spreads each session’s volume evenly across its high-low range, so it is an approximation.
Formula pivots by timeframe
Arithmetic on each prior period’s high, low and close. No trading took place at these prices.
| Timeframe | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Daily | $2.83 | $3.12 | $3.56 | $3.85 | $4.29 | $4.58 | $5.02 |
| Weekly | $1.04 | $1.49 | $1.75 | $2.20 | $2.46 | $2.91 | $3.17 |
| Monthly | $-26.1387 | $-11.5993 | $-3.9447 | $10.59 | $18.25 | $32.79 | $40.44 |
| Yearly partial, from Sep 29, 2025 | $-6.6472 | $-1.3736 | $1.62 | $6.90 | $9.89 | $15.17 | $18.16 |
Every formula level vs the current price
| Price | Side | From |
|---|---|---|
| $1.04 | support | Weekly S3 |
| $1.49 | support | Weekly S2 |
| $1.62 | support | Yearly S1 |
| $1.67 | support | 52-week low |
| $1.75 | support | Weekly S1 |
| $2.20 | support | Weekly Pivot |
| $2.46 | support | Weekly R1 |
| $2.83 | support | Daily S3 |
| $2.91 | support | Weekly R2 |
| $3.12 | support | Daily S2 |
| $3.17 | support | Weekly R3 |
| $3.56 | support | Daily S1 |
| $3.85 | support | Daily Pivot |
| $4.29 | resistance | Daily R1 |
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MGN resistance & support FAQ
What are MGN's resistance levels?
As of Oct 30, 2026, the nearest resistance area above MGN's $4.12 close is $4.83 to $5.00, 17.3% higher, where it made 1 swing high. 11 areas sit above the close in our data; the table lists up to 25, nearest first.
How are the resistance areas found?
From the stock’s own daily trading since Jul 1, 2024, adjusted for splits. A swing high is the highest high within 5 sessions on each side; swing highs within half an average daily range (ATR) of each other form one area. Each area lists the dates it was made, how many sessions traded into it and closed below it, and the share of volume traded inside it. No score is blended from these.
Do these areas predict where price will stop?
No, and we tested it. On 136 stocks, price that reached the nearest area failed to close above it within 5 sessions 33.4% of the time (427 of 1277), against 33.3% at random bands of the same width (408 of 1227). That is no measurable difference. They describe where price turned before; they are not a forecast or a recommendation.
How are the pivots calculated?
Classic floor-trader pivots: the pivot point is the average of the prior period’s high, low and close, and the support and resistance rungs are symmetric multiples around it. They are arithmetic, so no trading took place at those prices.