Overall MFI gets a technical rating of 3 out of 10. 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.
MFI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.89, a Stop Loss order could be placed below this zone.
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12.44
4 important support areas can be observed.
- A support zone ranging from 18.67 to 18.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.80 to 17.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.93 from a trend line in the weekly time frame.
- Support @12.57 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.84 to 19.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @21.15 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for MFI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFI is down. |
| ChartMill Relative Strength | 96.25 | POSITIVE | MFI has a high relative strength, it outperformed 96.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFI is above the rising 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 | MIXED | The current price of MFI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.18 | NEUTRAL | The RSI value for MFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.13 | NEUTRAL | The Stochastics value for MFI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for MFI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.98 | NEGATIVE | The low ADX value for MFI suggests a weak or negative trend. |
19.02
+0.13 (+0.69%)
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 trend direction for 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 49.1793. This indicates that the stock is currently neutral.
What is the MACD signal for MFI stock?
The MACD indicator for MF INTERNATIONAL LTD-A (MFI) has a value of 0.212855, indicating a bearish trend.
Can you provide the support and resistance levels for MF INTERNATIONAL LTD-A?
MF INTERNATIONAL LTD-A (MFI) has a support level at 18.89 and a resistance level at 19.84. Check the full technical report for our detailed analysis of MFI support and resistance levels.