NFT LTD-A (MI) Technical Analysis
NYSEARCA:MI • KYG6363T1159
Current stock price
MI Technical Rating and Analysis
Overall MI gets a technical rating of 0 out of 10. MI'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than MI.
- MI is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 89% are performing better than MI.
- MI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MI is lagging the market.
- In the last month MI has a been trading in the 0.26 - 4.65 range, which is quite wide. It is currently trading near the lows of this range.
- MI has an average volume of 1750120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MI Weekly and Daily overview Charts
MI Setup Rating and Analysis
MI has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MI Support and Resistance Analysis
0.31
When analyzing the resistance we notice one important area.
- Resistance @0.34 from a horizontal line in the daily time frame.
MI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MI is down. |
| ChartMill Relative Strength | 0.67 | NEGATIVE | MI has a low relative strength, it was outperformed by 99.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MI is below a declining 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) | 18.36 | OVERSOLD | The low RSI value suggests MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MI has a positive trend. |
| Stochastics (14,3) | 15.68 | OVERSOLD | The low Stochastics value suggests MI may be oversold. |
| Average True Range in percent/ATR (20) | 97.93 | HIGH VOLATILITY | The high ATR as a percentage value for MI suggests high volalility. |
| Average Directional Index/ADX (14) | 56.5 | POSITIVE | The high ADX value value for MI suggests a strong trend. |
MI Chart- and CandleStick Pattern Analysis
MI Technicals: Chart, Performance Metrics, Trend & Indicators
0.312
-0.01 (-2.71%)
NFT LTD-A / MI TA FAQ
Can you provide the ChartMill technical rating for NFT LTD-A?
ChartMill assigns a technical rating of 0 / 10 to MI.
What is the current trend direction of NFT LTD-A (MI) stock?
The current trend direction for NFT LTD-A (MI) is Bearish.
Can you provide the RSI signal for NFT LTD-A?
NFT LTD-A (MI) has an RSI value of 18.3568. This indicates that the stock is currently oversold.
What is the short term momentum for NFT LTD-A (MI) stock?
The short term momentum for NFT LTD-A (MI) is negative.
What are the support and resistance levels for NFT LTD-A (MI) stock?
NFT LTD-A (MI) has a resistance level at 0.34. Check the full technical report for our detailed analysis of MI support and resistance levels.