MAWSON INFRASTRUCTURE GROUP (MIGI) Technical Analysis
NASDAQ:MIGI • US57778N4060
Current stock price
MIGI Technical Rating and Analysis
Overall MIGI gets a technical rating of 7 out of 10. In the last year, MIGI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- MIGI is part of the Software industry. There are 272 other stocks in this industry. MIGI outperforms 76% of them.
- In the last month MIGI has a been trading in the 1.70 - 7.42 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, MIGI turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- Considerably lower volume is observed in the last couple of days.
MIGI Weekly and Daily overview Charts
MIGI Setup Rating and Analysis
Although MIGI has an excellent technical rating, it does not offer a high 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
MIGI Support and Resistance Analysis
MIGI Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for MIGI is up. |
| ChartMill Relative Strength | 46.96 | NEUTRAL | MIGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIGI is above the rising 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) | 74.66 | OVERBOUGHT | The high RSI value suggests MIGI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MIGI has a positive trend. |
| Stochastics (14,3) | 85.13 | OVERBOUGHT | The high Stochastics value suggests MIGI may be overbought. |
| Average True Range in percent/ATR (20) | 12.08 | HIGH VOLATILITY | The high ATR as a percentage value for MIGI suggests high volalility. |
| Average Directional Index/ADX (14) | 49.94 | POSITIVE | The high ADX value value for MIGI suggests a strong trend. |
MIGI Chart- and CandleStick Pattern Analysis
MIGI Technicals: Chart, Performance Metrics, Trend & Indicators
7.37
+1.4 (+23.45%)
MAWSON INFRASTRUCTURE GROUP / MIGI TA FAQ
Can you provide the ChartMill technical rating for MAWSON INFRASTRUCTURE GROUP?
ChartMill assigns a technical rating of 7 / 10 to MIGI.
What is the current trend direction of MAWSON INFRASTRUCTURE GROUP (MIGI) stock?
The current trend direction for MAWSON INFRASTRUCTURE GROUP (MIGI) is Bearish.
Can you provide the RSI signal for MAWSON INFRASTRUCTURE GROUP?
MAWSON INFRASTRUCTURE GROUP (MIGI) has an RSI value of 74.6637. This indicates that the stock is currently overbought.
What is the MACD signal for MIGI stock?
The MACD indicator for MAWSON INFRASTRUCTURE GROUP (MIGI) has a value of 0.222669, indicating a bearish trend.
Can you provide the short term momentum for MAWSON INFRASTRUCTURE GROUP?
The short term momentum for MAWSON INFRASTRUCTURE GROUP (MIGI) is positive.