We assign a technical rating of 3 out of 10 to MFI. Although MFI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MFI is bad and it also does not present a 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.
More info and screens
22.92
We found 1 important resistance area.
- Resistance @30.84 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MFI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFI is neutral. |
| ChartMill Relative Strength | 97.61 | POSITIVE | MFI has a high relative strength, it outperformed 97.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MFI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFI is below a declining 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) | 50.79 | NEUTRAL | The RSI value for MFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests MFI has a positive trend. |
| Stochastics (14,3) | 65.89 | NEUTRAL | The Stochastics value for MFI is a neutral value. |
| Average True Range in percent/ATR (20) | 20.83 | HIGH VOLATILITY | The high ATR as a percentage value for MFI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.37 | POSITIVE | The high ADX value value for MFI suggests a strong trend. |
23.15
+2.65 (+12.93%)
MF INTERNATIONAL LTD-A / MFI FAQ
What is the ChartMill technical rating of MF INTERNATIONAL LTD-A (MFI) stock?
ChartMill assigns a technical rating of 3 / 10 to MFI.
What is the current trend direction of MF INTERNATIONAL LTD-A (MFI) stock?
The current trend direction for MF INTERNATIONAL LTD-A (MFI) is Bearish.
Can you provide the RSI signal for MF INTERNATIONAL LTD-A?
MF INTERNATIONAL LTD-A (MFI) has an RSI value of 50.7863. This indicates that the stock is currently neutral.
What is the MACD signal for MF INTERNATIONAL LTD-A (MFI) stock?
The MACD indicator for MF INTERNATIONAL LTD-A (MFI) has a value of 0.489548, indicating a bearish trend.