6.1 USD
-0.6 (-8.96%)
5.69 USD
-0.41 (-6.72%)
We assign a technical rating of 1 out of 10 to MIGI. MIGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
96% of all other stocks performed better in the past year than MIGI.
MIGI is part of the Software industry. There are 280 other stocks in this industry, of which 83% are performing better than MIGI.
MIGI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MIGI has a been trading in the 4.00 - 15.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MIGI has an average volume of 3476110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MIGI is bad and it also does not present a quality setup 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.
More info and screens
6.04
6.78
We found 1 important resistance area.
- Resistance @6.71 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MIGI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIGI is neutral. |
| ChartMill Relative Strength | 4.37 | NEGATIVE | MIGI has a low relative strength, it was outperformed by 95.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MIGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.29 | NEUTRAL | The RSI value for MIGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests MIGI has a positive trend. |
| Stochastics (14,3) | 31 | NEUTRAL | The Stochastics value for MIGI is a neutral value. |
| Average True Range in percent/ATR (20) | 32.27 | HIGH VOLATILITY | The high ATR as a percentage value for MIGI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.21 | POSITIVE | The high ADX value value for MIGI suggests a strong 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)
6.1
-0.6 (-8.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-8.96%
1 Week28.42%
2 Weeks18.68%
1 Month-53.44%
3 Month-24.5%
6 Month-30.9%
12 Month-75.4%
2 Year-90.47%
3 Year-77.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%32.27%
ATR Inc483.24%
Range Today9.75
ADR(20)1.83
ADR(20)%29.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.37
3 months CRS10.26
6 months CRS8.76
Mansfield-5.55
10 Day High15.8
10 Day Low4
20 Day High15.8
20 Day Low4
52 Week High40
52 Week Low4
CS1 EndN/A
CR1 Start6.71
Volume & EV
DER(3)1.99%
DER(5)-2.22%
Volume57.81M
Volume Incr1248.39%
Vol(5)15.19M
Vol(50)3.48M
MAWSON INFRASTRUCTURE GROUP / MIGI FAQ
Can you provide the ChartMill technical rating for MAWSON INFRASTRUCTURE GROUP?
ChartMill assigns a technical rating of 1 / 10 to MIGI.
Can you provide the trend direction for MAWSON INFRASTRUCTURE GROUP?
The current trend direction for MAWSON INFRASTRUCTURE GROUP (MIGI) is Bearish.
What is the RSI signal for MAWSON INFRASTRUCTURE GROUP (MIGI) stock?
MAWSON INFRASTRUCTURE GROUP (MIGI) has an RSI value of 39.2901. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MAWSON INFRASTRUCTURE GROUP?
The short term momentum for MAWSON INFRASTRUCTURE GROUP (MIGI) is neutral.