MARYGOLD COMPANIES INC/THE (MGLD) Stock Technical Analysis
USA - NYSEARCA:MGLD - US57403M1045 - Common Stock
We assign a technical rating of 4 out of 10 to MGLD. MGLD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is only medium, MGLD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.03, a Stop Loss order could be placed below this zone. 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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0.99
We found 2 important support areas.
- Support @1.03 from a horizontal line in the daily time frame.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.06 to 1.09. 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 | NEUTRAL | NEUTRAL | The long term trend for MGLD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGLD is neutral. |
| ChartMill Relative Strength | 36 | NEUTRAL | MGLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGLD is below a declining 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) | DOWN | MIXED | The current price of MGLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.32 | NEUTRAL | The RSI value for MGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MGLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.33 | NEUTRAL | The Stochastics value for MGLD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for MGLD suggests high volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for MGLD suggests a weak or negative trend. |
NYSEARCA:MGLD (10/20/2025, 6:40:02 PM)
1.06
+0.05 (+4.71%)