MONEYGRAM INTERNATIONAL INC (MGI)
US60935Y2081 - Common Stock
We assign a technical rating of 8 out of 10 to MGI. Although MGI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by MGI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MGI is leading the market.
In the last month MGI has a been trading in the 8.59 - 11.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
MGI has an average volume of 3840210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MGI outperforms 69% of them, which is more or less in line with the market.
MGI is part of the Financial Services industry. There are 102 other stocks in this industry, MGI did better than 58% of them.
Although MGI 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.
More info and screens
10.05
11.11
We found 3 important support areas.
- A support zone ranging from 10.77 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.40 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.00 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.15
Mansfield-0.15
10 Day High11
10 Day Low10.93
20 Day High11
20 Day Low8.59
52 Week High11
52 Week Low8.59
Performance
1 Week0.37%
2 Weeks0.55%
1 Month17.92%
3 Month1.29%
6 Month0.46%
12 Month8.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)62.58
LBB10.92
UBB11
MONEYGRAM INTERNATIONAL INC
NASDAQ:MGI (5/31/2023, 7:00:02 PM)
After market: 10.99 0 (0%)10.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0.37%
2 Weeks0.55%
1 Month17.92%
3 Month1.29%
6 Month0.46%
12 Month8.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%1.58%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11
10 Day Low10.93
20 Day High11
20 Day Low8.59
52 Week High11
52 Week Low8.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.58M
Volume Incr-52.97%
Vol(5)2.36M
Vol(50)3.84M