Why Is Magazine Luiza S.A. (MGLUY) Stock Down Today?
Live update on MGLUY's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Magazine Luiza S.A. (MGLUY)
Summary
Magazine Luiza S.A. (MGLUY) is trading down -19.64% at $4.24, reflecting a negative shift in investor sentiment today. The stock opened at $4.33 and has moved between $4.24 and $4.33 so far.
Trading volume is 1712, which is 1415% above its average, and the price action suggests selling interest.
Technically, MGLUY is trading below its 50-day moving average of $6.28 and below its 200-day moving average of $6.64, indicating short-term and long-term weakness.
Analyst sentiment is neutral (no analyst ratings available). Meyka's AI assigns MGLUY a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +24.44% in 1 month ($5.27), +34.48% in 1 year ($5.70), and +142.63% in 5 years ($10.28).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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MGLUY Technical Signals
Trading below 50-day moving average ($6.28)
Trading below 200-day moving average ($6.64)
Analyst Recommendations
Price Forecast
1 Month
$5.27
1 Year
$5.70
3 Years
$7.90
5 Years
$10.28
Is this change significant?
5-Day:-19.64%
1-Month:-35.74%
3-Month:-38.27%
What's next?
Next earnings date: 7/30/2025