NYSEARCA:MIG - NYSE Arca - US92189H8622 - ETF - Currency: USD
Overall MIG gets a technical rating of 4 out of 10. In the last year, MIG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MIG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 21.40, a Stop Loss order could be placed below this zone.
20.59
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | 36.16 | NEUTRAL | MIG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MIG is above a declining 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) | 57.74 | NEUTRAL | The RSI value for MIG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MIG has a positive trend. |
Stochastics (14,3) | 90.24 | OVERBOUGHT | The high Stochastics value suggests MIG may be overbought. |
Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for MIG suggests low volalility. |
Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for MIG suggests a possible start of a new trend. |
NYSEARCA:MIG (7/25/2025, 8:06:57 PM)
21.415
+0.03 (+0.14%)