NASDAQ:MAGS

Roundhill Magnificent Seven Etf ETF Forecast

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$66.51
-2.61 (-3.78%)
At Close: Jun 05, 2026
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Evaluation of Roundhill Magnificent Seven ETF downgraded after the last trading session
(Updated on Jun 05, 2026)

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Sell candidate since Jun 05, 2026

The Roundhill Magnificent Seven ETF price fell by -3.78% on the last day (Friday, 5th Jun 2026) from $69.12 to $66.51. During the last trading day the ETF fluctuated 4.18% from a day low at $66.28 to a day high of $69.05. The price has fallen in 6 of the last 10 days and is down by -4.3% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -3 million shares and in total, 0 shares were bought and sold for approximately $0 .

The ETF lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $65.50 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 22.04% during the next 3 months and, with a 90% probability hold a price between $79.93 and $91.60 at the end of this 3-month period.

MAGS Signals & Forecast

There are few to no technical positive signals at the moment. The Roundhill Magnificent Seven ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $69.24 and $68.33. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 28, 2026, and so far it has fallen -6.15%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Roundhill Magnificent Seven ETF

Roundhill Magnificent Seven finds support from accumulated volume at $65.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $2.77 between high and low, or 4.18%. For the last week the ETF has had daily average volatility of 1.97%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MAGS) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Roundhill Magnificent Seven ETF to open at $67.28, and during the day (based on 14 day Average True Range), to move between $65.92 and $67.10, which gives a possible trading interval of +/-$1.19 (+/-1.80%) up or down from last closing price. If Roundhill Magnificent Seven ETF takes out the full calculated possible swing range there will be an estimated 1.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $65.31 (1.80%) than the resistance at $68.42 (2.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Roundhill Magnificent Seven ETF ETF A Buy?

The Roundhill Magnificent Seven ETF holds several negative signals and despite the positive trend, we believe Roundhill Magnificent Seven will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.

Current score: -3.200 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $67.28 ( 1.16%).

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MAGS Performance

Trading levels for MAGS

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Fibonacci Support & Resistance Levels

Level Price
R3 70.05 5.32%
R2 68.99 3.73%
R1 68.34 2.75%
Price 66.51
S1 66.22 -0.432%
S2 65.57 -1.41%
S3 64.51 -3.01%

Accumulated Volume Support & Resistance Levels

Level Price
R3 69.86 5.04%
R2 69.12 3.92%
R1 68.42 2.87%
Price 66.51
S1 65.31 -1.80%
S2 63.61 -4.36%
S3 57.94 -12.89%

MAGS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 30, 2025 Dec 30, 2025 Dec 31, 2025 $0.98 1.48%
2 Dec 30, 2024 Dec 30, 2024 Dec 31, 2024 $0.440 0.81%
3 Dec 27, 2023 Dec 27, 2023 Dec 29, 2023 $0.146 0.436%
4 Aug 16, 2021 Sep 23, 2021 Sep 22, 2021 $1.29 0%
5 Aug 16, 2021 Aug 30, 2021 Sep 22, 2021 $1.73 0%

FAQ

What is the symbol for Roundhill Magnificent Seven ETF ETF and on which exchange is it traded?
The symbol for Roundhill Magnificent Seven ETF is MAGS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Roundhill Magnificent Seven ETF ETF?
The Roundhill Magnificent Seven ETF holds several negative signals and despite the positive trend, we believe Roundhill Magnificent Seven will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.

How to buy Roundhill Magnificent Seven ETF ETF?
Roundhill Magnificent Seven ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Roundhill Magnificent Seven ETF ETF.

What's the current price of Roundhill Magnificent Seven ETF ETF?
As of the end of day on the Jun 05, 2026, the price of an Roundhill Magnificent Seven ETF (MAGS) share was $66.51.

What is the 52-week high and low for Roundhill Magnificent Seven ETF ETF?
The 52-week high for Roundhill Magnificent Seven ETF ETF is $71.17 and the 52-week low is $51.26.

What is the market capitalization of Roundhill Magnificent Seven ETF ETF?
As of the Jun 05, 2026, the market capitalization of Roundhill Magnificent Seven ETF is 3.474B.
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