NYSE:MGF - New York Stock Exchange, Inc. - US5529391006 - Currency: USD
We assign a technical rating of 0 out of 10 to MGF. MGF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MGF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.04, a Stop Loss order could be placed below this zone.
3.00
We found 1 important support area.
We can see 2 important resistance areas.
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 MGF is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGF is down. |
ChartMill Relative Strength | 28.93 | NEGATIVE | MGF has a low relative strength, it was outperformed by 71.07% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGF is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGF is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGF is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 38.05 | NEUTRAL | The RSI value for MGF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MGF has a negative trend. |
Stochastics (14,3) | 15 | OVERSOLD | The low Stochastics value suggests MGF may be oversold. |
Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for MGF suggests low volalility. |
Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for MGF suggests a weak or negative trend. |
NYSE:MGF (7/18/2025, 8:04:00 PM)
3.05
-0.01 (-0.33%)