NYSEARCA:MI - NYSE Arca - KYG6363T1159 - Common Stock - Currency: USD
Taking everything into account, MI scores 3 out of 10 in our technical rating. In the past year, MI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
MI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.39, a Stop Loss order could be placed below this zone.
2.37
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 MI is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MI is neutral. |
ChartMill Relative Strength | 15.02 | NEGATIVE | MI has a low relative strength, it was outperformed by 84.98% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.74 | NEUTRAL | The RSI value for MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MI has a negative trend. |
Stochastics (14,3) | 30.42 | NEUTRAL | The Stochastics value for MI is a neutral value. |
Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for MI suggests high volalility. |
Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for MI suggests a strong trend. |
NYSEARCA:MI (5/23/2025, 8:36:41 PM)
2.4
-0.04 (-1.84%)