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Trading the Levels › MTGG › Levels › Swing

MTGG Swing Highs, Swing Lows and Trend

Updated Nov 6, 2026, 7:15 AM ET · Zigzag swings from 5-minute to daily
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On the daily chart MTGG's trend reads —..
Best for: intradayHold: same dayPrice $23.41 · 15-min delayed
Daily trend—
Last swing high—
Last swing low—
Break level—

MTGG daily chart: last swing high and low

23.52424.525Oct 20Oct 22Oct 26Oct 28Oct 30Nov 3Nov 523.41
- - - last swing high- - - last swing low

Where MTGG sits in its zone

The delayed price $23.41 is at the middle of its daily zone ($23.20 – $23.69).

23.20 · bottom 25%middletop 25% · 23.69
  • Setups to watch: direction is undecided in the middle. Wait for price to reach one edge, then decide between reversal and breakout.
  • Prior move: MTGG moved down from $24.71 (Nov 4) to $23.41, about 2.9 ATR. The move is not stretched yet.
  • Reversal check: a hammer or bullish engulfing candle near $23.20.
  • Reversal check: a shooting star or bearish engulfing candle near $23.69.
  • Breakout check: RVOL above normal on the break.
  • Zone tests: price pushed above the zone top 0 times and fell back, and dipped below the bottom and recovered 0 times. Each test can weaken a zone.
  • Distance: 0.46 ATR to the zone bottom, 0.62 ATR to the zone top (ATR ≈ 0.46).

Why swing matters

Swing highs and lows are the turning points that define a trend. Higher highs and higher lows mean an uptrend; lower highs and lower lows mean a downtrend. Breaking the last swing is often the first sign the trend is changing.

How traders use it

  • In an uptrend, traders buy pullbacks that hold above the last swing low.
  • In a downtrend, traders sell rallies that fail below the last swing high.
  • A break of the last swing low in an uptrend (or high in a downtrend) warns of a change.

Trend by timeframe

  • 5-minute: channel down, last swing LL at —, break level $25.05.
  • 15-minute: forming, last swing NEW at —.
  • 1-hour: forming, last swing LH at —.
  • Gap: MTGG opened Nov 5 at $23.69, a gap down of 4.1% from $24.71; the gap was not filled.
  • Round numbers nearby: $20.00, $25.00, $30.00.

Combined conditions

  • Daily zone $23.20–$23.69; VWAP $23.48. Swing levels that line up with zones are the strongest.
  • The delayed price is at the middle of the daily zone: wait for an edge.
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FAQ

Is MTGG in an uptrend or downtrend?

On the daily chart the swing pattern reads —.

On SEPT: see the trend on every timeframe at once. Try it free →
What do HH, HL, LH and LL mean?

Higher high, higher low (uptrend), lower high, lower low (downtrend). They describe each new swing versus the last one.

On SEPT: every swing is labeled on the chart. Try it free →
What is a zigzag indicator?

A tool that connects swing highs and lows and ignores small moves, so the trend is easy to see.

On SEPT: zigzag swings from 5-minute to daily are built in. Try it free →
What are the odds MTGG's trend continues?

Odds depend on the timeframe, how far price is from the break level and RVOL.

On SEPT: test trend setups on years of real data. Try it free →
Where is MTGG in its zone now?

At the middle of the daily zone ($23.20 – $23.69), based on the delayed price.

On SEPT: see MTGG's zone position live and let GOAX alert you at the zone edge. Try it free →

Data: SEPT market data engine. Delayed data; real-time levels are on the SEPT platform. Times in Eastern Time. Educational information only, not investment advice. No odds or win rates are shown on this page.