VANECK MOODY'S ANALYTICS IG (MIG) Stock Technical Analysis
NYSEARCA:MIG - NYSE Arca - US92189H8622 - ETF - Currency: USD
Taking everything into account, MIG scores 4 out of 10 in our technical rating. MIG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, MIG does present a nice setup opportunity. 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.
More info and screens
20.59
We found 1 important support area.
- A support zone ranging from 20.80 to 21.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.65 to 22.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 36.17 | 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%)