Magazine Luiza S.A. technical analysis
Technical analysis of Magazine Luiza S.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Magazine Luiza S.A.
Magazine Luiza S.A. is a Brazilian retail company that sells consumer goods through physical stores, e-commerce platform and SuperApp. The company also provides credit and financing services, logistics and technological solutions, as well as consortium administration and food and electronics delivery services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Magazine Luiza S.A.: latest session data
Closing values for October 19, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
8.54
+38.59%
50 sessions
6.40
+84.86%
200 sessions
7.23
+63.72%
Session levels
s2
10.25
Support
s1
10.68
Support
pivot
10.97
Pivot
r1
11.40
Resistance
r2
11.69
Resistance
How to read it
In the October 19, 2026 session Magazine Luiza S.A. closed higher at 11.83 , +6.48% versus the previous session.
The price sits above every moving average observed: +38.59% against the 21-session average, +84.86% against the 50 and +63.72% against the 200.
The 14-period RSI reads 74.3, in overbought territory.
MACD stands at 1.522 against a signal line at 1.293: the histogram is positive (+0.229).
ADX reads 58.7, indicating a marked directionality.
Levels computed on the latest session place supports at 10.68 and 10.25 and resistances at 11.40 and 11.69 , around a pivot of 10.97.
The average daily range (ATR) is 0.868 , or 7.34% of price.
Turnover was 44.5M shares, 92% of the 20-session average.
Over the last twelve months the price ranged between 3.76 and 12.70 , and today stands −6.85% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the MGLU3.SA analysis.
How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Magazine Luiza S.A.
How is Magazine Luiza S.A. analysed technically?
Technical analysis of Magazine Luiza S.A. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Magazine Luiza S.A.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Magazine Luiza S.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Magazine Luiza S.A. it helps frame the technical structure of the historical chart and is not a forecast.
Other tickers to analyse
Abercrombie & Fitch Co.ANF
adidas AGADS.DE
Advance Auto Parts, Inc.AAP
Airbnb, Inc.ABNB
Alibaba Group Holding Limited9988.HK
Alibaba Group Holding LimitedBABA
Alimentation Couche-Tard Inc.ATD.TO
Amazon.com, Inc.AMZN
American Eagle Outfitters, Inc.AEO
ANTA Sports Products Limited2020.HK
Aptiv PLCAPTV
Aquafil S.p.A.ECNL.MIDisclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.