MF INTERNATIONAL LTD-A (MFI) Stock Technical Analysis
NASDAQ:MFI - Nasdaq - VGG6065C1133 - Common Stock - Currency: USD
Taking everything into account, MFI scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MFI has a been trading in the 24.80 - 55.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MFI is one of the better performing stocks in the Capital Markets industry, it outperforms 99% of 233 stocks in the same industry.
MFI has an average volume of 1219170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MFI is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFI is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MFI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
28.62
29.20
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MFI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFI is neutral. |
| ChartMill Relative Strength | 99.55 | POSITIVE | MFI has a high relative strength, it outperformed 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.19 | NEUTRAL | The RSI value for MFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.29 | NEGATIVE | The MACD value suggests MFI has a negative trend. |
| Stochastics (14,3) | 15.12 | OVERSOLD | The low Stochastics value suggests MFI may be oversold. |
| Average True Range in percent/ATR (20) | 30.75 | HIGH VOLATILITY | The high ATR as a percentage value for MFI suggests high volalility. |
| Average Directional Index/ADX (14) | 59.59 | POSITIVE | The high ADX value value for MFI suggests a strong trend. |
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)
28.91
-6.07 (-17.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-17.35%
1 Week-28.16%
2 Weeks-35.24%
1 Month-9.2%
3 Month554.07%
6 Month384.29%
12 Month306.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.63
ATR(20)%30.75%
ATR Inc-27.97%
Range Today4.55
ADR(20)8.56
ADR(20)%29.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.55
Mansfield21.3
10 Day High50.64
10 Day Low28.85
20 Day High55.6
20 Day Low24.8
52 Week High55.6
52 Week Low4.05
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.12%
DER(5)-8.6%
Volume82.50K
Volume Incr-80.95%
Vol(5)255.12K
Vol(50)1.22M