Magnificent Seven ETF's 12-Day ROC Breaks Above 12%, Signals Potential Bull Trend Restart

According to Finom Group chief market strategist Seth Golden, Roundhill Magnificent Seven ETF (MAGS) recently saw its 12-day Rate of Change (ROC) break above 12%, a key technical threshold that historically signals the start of sustained bull trends in large-cap tech ETFs.

Year-to-date, MAGS has gained approximately 4%, trailing the S&P 500's 11% return by about 7 percentage points. The fund tracks the seven largest U.S. tech companies: Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla. Golden noted that if historical patterns hold, the technical breakthrough could signal renewed fund inflows and help narrow the performance gap with broader market indices.