NASDAQ:MFI - Nasdaq - VGG6065C1133 - Common Stock - Currency: USD
Overall MFI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MFI is showing a nice and steady performance.
Although MFI 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.
2.15
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 | UP | POSITIVE | The short term trend for MFI is up. |
ChartMill Relative Strength | 98.4 | POSITIVE | MFI has a high relative strength, it outperformed 98.4% 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) | 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) | 80.13 | OVERBOUGHT | The high RSI value suggests MFI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MFI has a positive trend. |
Stochastics (14,3) | 63.73 | NEUTRAL | The Stochastics value for MFI is a neutral value. |
Average True Range in percent/ATR (20) | 15.58 | HIGH VOLATILITY | The high ATR as a percentage value for MFI suggests high volalility. |
Average Directional Index/ADX (14) | 56.14 | POSITIVE | The high ADX value value for MFI suggests a strong trend. |
2.17
-0.29 (-11.79%)