MARYGOLD COMPANIES INC/THE (MGLD) Stock Technical Analysis
NYSEARCA:MGLD • US57403M1045
We assign a technical rating of 8 out of 10 to MGLD. Although MGLD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- MGLD is part of the Capital Markets industry. There are 238 other stocks in this industry. MGLD outperforms 78% of them.
- When comparing the performance of all stocks over the past year, MGLD turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- MGLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGLD is lagging the market.
- In the last month MGLD has a been trading in the 0.88 - 1.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MGLD also presents 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. We notice that large players showed an interest for MGLD 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.
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0.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.00 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.98 from a horizontal line in the daily time frame.
- Support @0.93 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.14 from a trend line in the weekly time frame.
- Resistance @1.20 from a horizontal line in the weekly time frame.
- Resistance @1.30 from a horizontal 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 | UP | POSITIVE | The long term trend for MGLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGLD is up. |
| ChartMill Relative Strength | 58.82 | NEUTRAL | MGLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.45 | NEUTRAL | The RSI value for MGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MGLD has a negative trend. |
| Stochastics (14,3) | 34.41 | NEUTRAL | The Stochastics value for MGLD is a neutral value. |
| Average True Range in percent/ATR (20) | 16.06 | HIGH VOLATILITY | The high ATR as a percentage value for MGLD suggests high volalility. |
| Average Directional Index/ADX (14) | 44.27 | POSITIVE | The high ADX value value for MGLD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.15 | 1.03 | 0.12 (10.43%) | 9.58% |
| An entry @1.15. This is a Buy Stop order right above the resistance zone. | An exit @1.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 10.43%. | For a 1.00% total portfolio risk, you can invest 9.58% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MGLD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:MGLD (2/26/2026, 8:04:00 PM)
1.11
+0.01 (+0.91%)
MARYGOLD COMPANIES INC/THE / MGLD FAQ
What is the ChartMill technical rating of MARYGOLD COMPANIES INC/THE (MGLD) stock?
ChartMill assigns a technical rating of 8 / 10 to MGLD.
Can you provide the trend direction for MARYGOLD COMPANIES INC/THE?
The current trend direction for MARYGOLD COMPANIES INC/THE (MGLD) is Bullish.
Can you provide the RSI signal for MARYGOLD COMPANIES INC/THE?
MARYGOLD COMPANIES INC/THE (MGLD) has an RSI value of 51.4529. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MARYGOLD COMPANIES INC/THE?
The MACD indicator for MARYGOLD COMPANIES INC/THE (MGLD) has a value of -0.00481715, indicating a bearish trend.
Can you provide the support and resistance levels for MARYGOLD COMPANIES INC/THE?
MARYGOLD COMPANIES INC/THE (MGLD) has a support level at 1.04 and a resistance level at 1.14. Check the full technical report for our detailed analysis of MGLD support and resistance levels.