Is Magnera Corp. technically bullish or bearish?

Sep 20 2025 08:34 PM IST
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As of October 1, 2023, Magnera Corp. has a bearish technical stance with weak overall strength, indicated by mixed signals from various indicators and a year-to-date return of -36.98%, significantly underperforming the S&P 500's 12.22%.
As of 1 October 2023, the technical stance for Magnera Corp. is bearish, with a weak overall strength. The weekly MACD indicates a mildly bullish trend, but this is countered by bearish signals from the daily moving averages, weekly Bollinger Bands, and the On-Balance Volume (OBV). The KST shows a mixed picture with a mildly bullish weekly reading but bearish monthly. The Dow Theory suggests a mildly bearish weekly trend with no clear monthly direction.

In terms of performance, Magnera Corp. has significantly underperformed the S&P 500 across all periods, with a year-to-date return of -36.98% compared to the S&P 500's 12.22%.
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