USA - NASDAQ:MGIH - KYG6169A1040 - Common Stock
We assign a technical rating of 0 out of 10 to MGIH. 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 technical rating of MGIH is bad and it also does not present a 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.
1.45
When analyzing the resistance we notice one important area.
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 | 26.51 | NEGATIVE | MGIH has a low relative strength, it was outperformed by 73.49% 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) | DOWN | NEGATIVE | The current price of MGIH is below a declining 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) | 34.44 | NEUTRAL | The RSI value for MGIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MGIH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.77 | NEUTRAL | The Stochastics value for MGIH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for MGIH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.25 | NEGATIVE | The low ADX value for MGIH suggests a weak or negative trend. |
NASDAQ:MGIH (11/19/2025, 2:57:54 PM)
1.46
-0.03 (-2.01%)
ChartMill assigns a technical rating of 0 / 10 to MGIH.
The current trend direction for MILLENNIUM GROUP INTERNATION (MGIH) is Bearish.
MILLENNIUM GROUP INTERNATION (MGIH) has an RSI value of 34.4423. This indicates that the stock is currently neutral.
The MACD indicator for MILLENNIUM GROUP INTERNATION (MGIH) has a value of 0.00262263, indicating a bearish trend.
MILLENNIUM GROUP INTERNATION (MGIH) has a resistance level at 1.65. Check the full technical report for our detailed analysis of MGIH support and resistance levels.