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.
Although the technical rating is bad, MGIH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MGIH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.28 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.39 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for MGIH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGIH is neutral. |
| ChartMill Relative Strength | 10.69 | NEGATIVE | MGIH has a low relative strength, it was outperformed by 89.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MGIH is above 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) | 49.26 | NEUTRAL | The RSI value for MGIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MGIH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.89 | NEUTRAL | The Stochastics value for MGIH is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for MGIH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.18 | NEGATIVE | The low ADX value for MGIH suggests a weak or negative trend. |
NASDAQ:MGIH (1/12/2026, 8:09:30 PM)
1.36
-0.05 (-3.55%)
MILLENNIUM GROUP INTERNATION / MGIH FAQ
Can you provide the ChartMill technical rating for MILLENNIUM GROUP INTERNATION?
ChartMill assigns a technical rating of 0 / 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 49.264. 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 0.0226396, indicating a bearish trend.
What is the short term momentum for MGIH stock?
The short term momentum for MILLENNIUM GROUP INTERNATION (MGIH) is neutral.