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Pre-Breakout Signal Scan Result
MG
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Low risk Squeeze near resistance View chart Scanned: 2026.10.24 23:19
Pre-Breakout Score
29.0

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⚠️ This risk flag is not a ranking — it reflects "chase / volatility risk if entering right now"
Low risk

Few overheating or already-surging signals — relatively calm. A good stage to observe pre-breakout conditions patiently.

Caution

Some risk factors present — volatility, short-term overheating, or thin liquidity. Size and scale in carefully if entering.

High Risk

Already surged, RSI overheated, extended far from highs, or earnings imminent. Chasing now carries meaningful pullback risk.

Key Technical Indicators
RSI (14)
63
normal
ADX
30
strong trend
BB Squeeze
✓ Squeeze
bottom 5% band width
OBV Accum.
✗ None
no inflow
Vol Ratio
0.5x
typical
5D Chg
+0.3%
short-term trend
1D Chg
+0.5%
vs. prior close
vs 20D High
-1.8%
near resistance
ATR%
2.3%
daily range
SPY RS 20D
+1.5%
strength vs. market
Daily · as of US close Oct 23 60-Day Price History
Close Volume Hover for details
Detected Signals (2)
Bollinger Band squeeze
Tight below resistance (-1.8% from high)
Technical Diagnostic Summary
MG — the scanner detected a 'Breakout Imminent (Squeeze + Near Resistance)' pattern. RSI at 63 shows accelerating momentum, though still below overbought levels. Bollinger Band width has contracted to the bottom 5% of its past year — an unusually extreme squeeze that often precedes a sharp volatility move. ADX 30 with +DI 29 / -DI 15 shows a clearly established uptrend. Price sits just 1.8% below its 20-day high — a tight coil right under resistance that can precede a breakout.
How to Read These Indicators

MG's RSI(14) currently reads 63. RSI measures the ratio of recent gains to losses over the past 14 sessions to gauge overbought or oversold conditions. Readings above 70 are typically read as overbought and below 30 as oversold — this one falls in the 'normal' range. As with any single metric, weigh this alongside MG's full indicator set. → Learn more

ADX currently reads 30. ADX quantifies how strongly a trend is persisting, independent of whether it's up or down (25+ is considered pronounced). Right now MG shows +DI sits above -DI, favoring the upside, putting it in the 'strong trend' range on ADX. Cross-check this against MG's other indicators above before drawing a conclusion. → Learn more

MG's Bollinger Band width is in the bottom 5% (narrow) of its past year, and the squeeze indicator is currently active. Band-width contraction (a squeeze) means the stock has been trading in an unusually tight range lately. A squeeze is often followed by a volatility expansion in either direction. This reading is specific to MG on this scan date and can change quickly. → Learn more

MG's OBV is currently not showing a clear rise (none), and the up/down volume ratio is 1.7x. OBV is a running tally that infers buying or selling pressure purely from volume direction. This reading is specific to MG on this scan date and can change quickly. → Learn more

MG's recent volume is running at 0.5x its usual level. The volume ratio compares recent trading volume to the stock's usual average volume — a reference point for whether order flow is concentrating around this stock. Cross-check this against MG's other indicators above before drawing a conclusion. → Learn more

MG's change over the last 5 trading days is +0.3%, and over the last 1 trading day is +0.5%. These two numbers show recent short-term direction but say nothing about where the price goes next.

MG's current price is 1.8% below its 20-day high. This gap to the recent high is often watched as a proxy for nearby resistance. On this measure it currently falls in the 'near resistance' category. As with any single metric, weigh this alongside MG's full indicator set. → Learn more

MG's ATR% currently reads 2.3%, a 'daily range' level. This is a running measure of how much the price typically moves in a single session. As with any single metric, weigh this alongside MG's full indicator set. → Learn more

MG's 20-trading-day relative strength versus SPY (S&P 500 ETF) is +1.5%. MG held up better than the S&P 500 over this particular window. Treat this as one data point on MG, not a standalone signal. → Learn more

Measured Base Rates for MG's Active Signals · Full table

No significant edge was measured for Bollinger Band Squeeze: 22.5% versus a 24.7% base rate across 7328 cases. As with any single metric, weigh this alongside MG's full indicator set. → Bollinger Band Squeeze

No significant edge was measured for +DI Dominance: 24.6% versus a 24.7% base rate across 12815 cases. Cross-check this against MG's other indicators above before drawing a conclusion. → +DI Dominance

No significant edge was measured for Stage 2 Trend Template: 14.8% versus a 24.7% base rate across 3790 cases. As with any single metric, weigh this alongside MG's full indicator set. → Stage 2 Trend Template

Limitations of this page — Automatically calculated, not a stock recommendation. Score is a count of conditions met, not a prediction; base rates are historical measurements only (MG diagnostic as of 2026.10.24 23:19).

Past Monitoring History for This Stock (last 4)
2026-09-24 · #9 Entry $20.94 High Risk Possible accumulation (sideways + volume edge) AI · Peak since +4.7% Tracking 22 trading days
2026-09-22 · #6 Entry $20.99 Caution Possible accumulation (sideways + volume edge) AI · Peak since +4.4% Tracking 24 trading days
2026-09-19 · #2 Entry $20.75 Caution Squeeze near resistance AI · Peak since +5.6% Tracking 25 trading days
2026-09-18 · #4 Entry $19.84 Caution Squeeze near resistance AI · Peak since +10.5% Tracking 26 trading days

A history of past monitoring candidates — not investment advice. See the scanner's full track record here.

⚠️ This is a monitoring candidate only, not investment advice. The indicators, score, and diagnosis on this page are the result of technical screening and do not guarantee any return. Price can move up, sideways, or down from here, and any investment loss is the investor's own responsibility. Read the full disclaimer