MILLENNIUM GROUP INTERNATION (MGIH) Technical Analysis
NASDAQ:MGIH • KYG6169A1040
Taking everything into account, MGIH scores 1 out of 10 in our technical rating. MGIH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MGIH is a bad performer in the overall market: 76% of all stocks are doing better.
- MGIH is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 76% are performing better than MGIH.
- MGIH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MGIH is lagging the market.
- In the last month MGIH has a been trading in the 1.38 - 1.55 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MGIH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.23
3 important support areas can be observed.
- Support @1.41 from a trend line in the daily time frame.
- A support zone ranging from 1.28 to 1.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.24 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.42 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.58 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 | DOWN | NEGATIVE | The long term trend for MGIH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGIH is down. |
| ChartMill Relative Strength | 24.52 | NEGATIVE | MGIH has a low relative strength, it was outperformed by 75.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGIH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MGIH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGIH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.94 | NEUTRAL | The RSI value for MGIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MGIH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for MGIH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for MGIH suggests some volalility. |
| Average Directional Index/ADX (14) | 39.23 | POSITIVE | The high ADX value value for MGIH suggests a strong trend. |
MGIH Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MGIH (3/13/2026, 4:30:01 PM)
1.4168
+0.01 (+0.48%)
MILLENNIUM GROUP INTERNATION / MGIH FAQ
Can you provide the ChartMill technical rating for MILLENNIUM GROUP INTERNATION?
ChartMill assigns a technical rating of 1 / 10 to MGIH.
What is the current trend direction of MILLENNIUM GROUP INTERNATION (MGIH) stock?
The current trend direction for MILLENNIUM GROUP INTERNATION (MGIH) is Bearish.
Can you provide the RSI signal for MILLENNIUM GROUP INTERNATION?
MILLENNIUM GROUP INTERNATION (MGIH) has an RSI value of 46.936. This indicates that the stock is currently neutral.
What is the MACD signal for MGIH stock?
The MACD indicator for MILLENNIUM GROUP INTERNATION (MGIH) has a value of -0.00397599, indicating a bearish trend.
What is the short term momentum for MGIH stock?
The short term momentum for MILLENNIUM GROUP INTERNATION (MGIH) is negative.