NYSEARCA:MIG - NYSE Arca - US92189H8622 - ETF - Currency: USD
Overall MIG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MIG is only an average performer.
Although MIG has an excellent technical rating, the quality of the presented setup is not ideal 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.
20.59
We found 1 important support area.
We can see 2 important resistance 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 | UP | POSITIVE | The long term trend for MIG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MIG is up. |
ChartMill Relative Strength | 41.91 | NEUTRAL | MIG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MIG is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 61.73 | NEUTRAL | The RSI value for MIG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MIG has a positive trend. |
Stochastics (14,3) | 88.19 | OVERBOUGHT | The high Stochastics value suggests MIG may be overbought. |
Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for MIG suggests low volalility. |
Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for MIG suggests a possible start of a new trend. |
NYSEARCA:MIG (8/1/2025, 8:04:01 PM)
21.505
+0.06 (+0.28%)