Micro Focus International plc (MFGP)

US5948374039 - ADR

6.48  -0.03 (-0.46%)

After market: 6.29 -0.19 (-2.93%)

Technical Rating and Analysis

8

Taking everything into account, MFGP scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MFGP is showing a nice and steady performance.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MFGP is part of the Software industry. There are 276 other stocks in this industry. MFGP outperforms 72% of them.
MFGP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MFGP is leading the market.
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
MFGP Weekly chart
MFGP Daily 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

When analyzing the support we notice one important 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.

We found 1 important resistance 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
MFGP Daily chart

Micro Focus International plc

NYSE:MFGP (1/30/2023, 7:08:28 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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%1.01%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume201.00K
Volume Incr-19.47%
Vol(5)293.26K
Vol(50)288.55K