VANECK MOODY'S ANALYTICS IG (MIG) Stock Technical Analysis
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.
When comparing the yearly performance of all stocks, MIG is a bad performer in the overall market: 64% of all stocks are doing better.
Warning: MIG has an average volume of 3102 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MIG is lagging the market.
In the last month MIG has a been trading in a tight range between 21.21 and 21.68.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
20.59
22.40
When analyzing the support we notice one important 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.
We found 1 important resistance 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 | 36.16 | 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. |
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)
NYSEARCA:MIG (7/25/2025, 8:06:57 PM)
21.415
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week0.49%
2 Weeks0.61%
1 Month-0.08%
3 Month0.71%
6 Month1.42%
12 Month0.56%
2 Year2.71%
3 Year-1.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.29%
ATR Inc-2.3%
Range Today0.05
ADR(20)0.03
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.16
Mansfield-0.88
10 Day High21.42
10 Day Low21.21
20 Day High21.68
20 Day Low21.21
52 Week High22.22
52 Week Low20.65
CS1 End21.4
CR1 Start21.65
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-96.54%
Vol(5)220
Vol(50)3.10K