We assign a technical rating of 4 out of 10 to MGIH. Recently some decent action could be observed, but in the medium term time frame this is still negative. MGIH was also a bad performer in the overall market in the last year.
- 76% of all other stocks performed better in the past year than MGIH.
- MGIH is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 95% are performing better than MGIH.
- MGIH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MGIH has a been trading in the 1.32 - 1.82 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
MGIH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
More info and screens
1.23
We found 2 important support areas.
- 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.45 from a trend line in the daily time frame.
- A resistance zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MGIH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGIH is neutral. |
| ChartMill Relative Strength | 24.29 | NEGATIVE | MGIH has a low relative strength, it was outperformed by 75.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MGIH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGIH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MGIH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.59 | NEUTRAL | The RSI value for MGIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MGIH has a negative trend. |
| Stochastics (14,3) | 17.3 | OVERSOLD | The low Stochastics value suggests MGIH may be oversold. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for MGIH suggests high volalility. |
| Average Directional Index/ADX (14) | 31.26 | POSITIVE | The high ADX value value for MGIH suggests a strong trend. |
NASDAQ:MGIH (2/11/2026, 1:27:25 PM)
1.42
-0.03 (-2.07%)
MILLENNIUM GROUP INTERNATION / MGIH FAQ
Can you provide the ChartMill technical rating for MILLENNIUM GROUP INTERNATION?
ChartMill assigns a technical rating of 4 / 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 48.5891. 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 -0.00839654, indicating a bearish trend.
What is the short term momentum for MGIH stock?
The short term momentum for MILLENNIUM GROUP INTERNATION (MGIH) is neutral.