Massive Head & Shoulders + Death Cross on Big 7A massive head and shoulders pattern is forming on the Big 7 tech stocks (AAPL, MSFT, NVDA, GOOGL, AMZN, META, TSLA). After a strong rally, a death cross (50 EMA crossing below 200 EMA) has appeared, pointing to possible weakness ahead.
Short-term concerns: right shoulder is forming now. If it
Key stats
About Roundhill Magnificent Seven ETF
Home page
Inception date
Apr 11, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Roundhill Financial, Inc.
Distributor
Foreside Fund Services LLC
MAGS, at the time of launch, is the first-ever FAAMG ETF in the US market space. The fund targets a narrow portfolio of 5-10 stocks publicly known as tech giants, aiming to capture the largest companies in social media, e-commerce, consumer discretionary, cloud computing, tech hardware, and software. On an annual basis, the adviser reviews the US tech universe to select the largest companies based on market cap, trading volume, and sector relevance. Holdings are equally weighted in the portfolio and rebalanced quarterly. As an actively managed fund, the adviser has full discretion in managing the portfolio. From time to time, 100% of the funds assets may be invested in US treasury securities, money market funds, and/or short-term bond ETFs. Holdings may include common stocks and ADRs, though the fund primarily gains exposure through the use of swaps and forward contracts. Prior to Nov. 9, 2023, the fund was called Roundhill BIG Tech ETF, trading under the ticker BIGT.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Government
Stock breakdown by region
Top 10 holdings
MAGS SUPER STRUCTURE FORMING CAUTION!We have MEGA superstructures forming everywhere. H&S Eiffel Towers, etc.. None will be more devastating to 401ks and people's portfolios than the MAGS breaking down from this mammoth structure.
Last chance to GTFO forming.
CAUTION is in order!
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$MAGS Repeating History? - Nasdaq Oscillator Flashes Caution📉 CBOE:MAGS (MAG 7 ETF) is showing striking similarities to its previous top, right before a 30% drop. Both price action and the Nasdaq Oscillator are echoing that same setup.
🔍 Key Observations:
Price has rallied into a confluence of resistance near the previous breakdown zone.
The Nasdaq Osci
Is The Blood Bath Over???✅ 🎯 The Roundhill Magnificent 7 ETF CBOE:MAGS has indeed reached the anticipated retrace level of low $40's, as expected and the reaction off of this level was quite bullish.
Examining the two-week chart, the price has just closed with a prominent pin or doji bar, however you want to call it, sig
MAG7 MODEL Rally is going to be in the form of ABC up The chart posted is the Mag 7 .I feel strong that the super cycle Top in the mag 7 was seen like January 2000 in the internet Bubble . I am counting a clean 5 waves down and see a strong ABC rally phase like that in 2000 then we dropped about 30% in the first leg down followed by a huge Be
MAG7 5Waves down wave A or 1 major rally setupThe chart is mag 7 we are now finishing a clear 5 waves down .this should now be a low and we will see and sharp Abc rally forming most likely back from 50 to 618 of the decline and this should take the sp 500 to a new high as the market is so over sold in most all models . the rally in the
$MAGS: Magnificent Seven ETF – Tech Titan or Overhyped?(1/9)
Good afternoon, everyone! ☀️ CBOE:MAGS : Magnificent Seven ETF – Tech Titan or Overhyped?
With MAGS at $46.85, is this ETF a powerhouse of tech giants or just another bubble waiting to burst? Let’s decode the code! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 46.85 as of Mar 18, 2025
$MAGS Monthly Chart Signals Caution: What’s Next for the MagnifiMacro Outlook Based on the Monthly Chart ⚠️⚠️⚠️⚠️
The Roundhill Magnificent Seven ETF CBOE:MAGS has had an incredible run, but the monthly chart is sending some cautionary signals. December closed with a massive sell-off wick, followed by a weak January close. This kind of price action suggests
MAGS - LONGTook a several longs today , I may be painfully wrong but I think there was a last minute sentiment change in the market today. I started the day thinking we still had at least a bit more of a measured move down vs QQQ recent price action but did my best to try to respond to the market and wound up
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MAGS trades at 51.88 USD today, its price has risen 0.89% in the past 24 hours. Track more dynamics on MAGS price chart.
MAGS net asset value is 51.44 today — it's risen 22.34% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MAGS assets under management is 2.24 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MAGS price has risen by 24.59% over the last month, and its yearly performance shows a 25.53% increase. See more dynamics on MAGS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 22.34% over the last month, showed a −5.92% decrease in three-month performance and has increased by 28.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 22.34% over the last month, showed a −5.92% decrease in three-month performance and has increased by 28.69% in a year.
MAGS fund flows account for 1.82 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MAGS invests in bonds. See more details in our Analysis section.
MAGS expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MAGS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MAGS technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MAGS shows the strong buy signal. See more of MAGS technicals for a more comprehensive analysis.
Today, MAGS technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MAGS shows the strong buy signal. See more of MAGS technicals for a more comprehensive analysis.
Yes, MAGS pays dividends to its holders with the dividend yield of 0.00%.
MAGS trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MAGS shares are issued by Roundhill Financial, Inc.
MAGS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 11, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.