Logo image of MFGP

Micro Focus International plc (MFGP) Stock Technical Analysis

NYSE:MFGP - New York Stock Exchange, Inc. - US5948374039 - ADR - Currency: USD

6.48  -0.03 (-0.46%)

After market: 6.29 -0.19 (-2.93%)

Technical Rating and Analysis

8

Overall MFGP gets a technical rating of 8 out of 10. Both in the recent history as in the last year, MFGP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
MFGP is part of the Software industry. There are 281 other stocks in this industry. MFGP outperforms 73% of them.
MFGP is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When comparing the yearly performance of all stocks, we notice that MFGP is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month MFGP has a been trading in a tight range between 6.25 and 6.57.
Weekly and Daily overview Charts
Micro Focus International plc / MFGP Weekly stock chart
Micro Focus International plc / MFGP Daily stock chart
Setup Rating and Analysis

3

Although MFGP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.19

6.61

We found 1 important support area.

  • A support zone ranging from 6.25 to 6.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.50 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.32
Mansfield2.43
10 Day High6.57
10 Day Low6.37
20 Day High6.57
20 Day Low6.25
52 Week High6.58
52 Week Low3.03
Performance
1 Week0%
2 Weeks0.78%
1 Month2.86%
3 Month10.02%
6 Month85.67%
12 Month8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)59.38
LBB6.38
UBB6.56
Micro Focus International plc / MFGP Daily stock chart

Micro Focus International plc

NYSE:MFGP (1/30/2023, 8:08:28 PM)

After market: 6.29 -0.19 (-2.93%)

6.48

-0.03 (-0.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.46%
1 Week0%
2 Weeks0.78%
1 Month2.86%
3 Month10.02%
6 Month85.67%
12 Month8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.01%
ATR Inc61.85%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.32
Mansfield2.43
10 Day High6.57
10 Day Low6.37
20 Day High6.57
20 Day Low6.25
52 Week High6.58
52 Week Low3.03
CS1 End6.43
CR1 Start6.5
Volume & EV
DER(3)2.47%
DER(5)1.2%
Volume201.00K
Volume Incr-19.47%
Vol(5)293.26K
Vol(50)288.55K