MACQUARIE INFRASTRUCTURE HOL (MIC)
US55608B1052 - Common Stock
We assign a technical rating of 5 out of 10 to MIC. In the past year, MIC 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.
When comparing the yearly performance of all stocks, MIC is a bad performer in the overall market: 87% of all stocks are doing better.
MIC is part of the Gas Utilities industry. There are 14 other stocks in this industry, of which 107% are performing better than MIC.
MIC 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 MIC is lagging the market.
MIC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MIC has an average volume of 1738410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is only medium, MIC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.10. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.51
4.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.75 to 3.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.66 to 3.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.55 to 3.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.10 to 4.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.53
Mansfield-5.73
10 Day High4.1
10 Day Low4.04
20 Day High4.1
20 Day Low3.8
52 Week High40.85
52 Week Low3.53
Performance
1 Week0.74%
2 Weeks0%
1 Month7.35%
3 Month9.65%
6 Month14.57%
12 Month-89.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)75.57
LBB3.97
UBB4.15
MACQUARIE INFRASTRUCTURE HOL
NYSE:MIC (7/20/2022, 7:04:00 PM)
After market: 4.1 +0.01 (+0.24%)4.09
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0%
1 Week0.74%
2 Weeks0%
1 Month7.35%
3 Month9.65%
6 Month14.57%
12 Month-89.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%1.17%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.1
10 Day Low4.04
20 Day High4.1
20 Day Low3.8
52 Week High40.85
52 Week Low3.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.95M
Volume Incr233.96%
Vol(5)5.71M
Vol(50)1.74M