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Magazine Luiza S.A.

Magazine Luiza S.A. technical analysis

MGLU3.SAConsumer Cyclical Updated daily

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Description generated automatically from public sources; it may be inaccurate or out of date.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 September 4, 2026, computed on the last 12 months of prices.

Close5.79
Change+4.14%
RSI (14)69.3
MACD0.197
ADX21.5
Volatility (ATR)6.33%
Volume vs 20-avg111%
12-month high9.84
12-month low3.76

Moving averages

21 sessions

4.51

+28.31%

50 sessions

4.67

+24.02%

200 sessions

7.45

−22.28%

Session levels

s2

5.27

Support

s1

5.41

Support

pivot

5.65

Pivot

r1

5.79

Resistance

r2

6.03

Resistance

How to read it

In the September 4, 2026 session Magazine Luiza S.A. closed higher at 5.79 , +4.14% versus the previous session.

The price sits mixed against its moving averages: +28.31% against the 21-session average, +24.02% against the 50 and −22.28% against the 200.

The 14-period RSI reads 69.3, in neutral territory.

MACD stands at 0.197 against a signal line at 0.018: the histogram is positive (+0.179).

ADX reads 21.5, indicating weak directionality.

Levels computed on the latest session place supports at 5.41 and 5.27 and resistances at 5.79 and 6.03 , around a pivot of 5.65.

The average daily range (ATR) is 0.366 , or 6.33% of price.

Turnover was 31.8M shares, 111% of the 20-session average.

Over the last twelve months the price ranged between 3.76 and 9.84 , and today stands −41.14% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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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.

Read the full Montbon Score methodology →

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

Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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