MAWSON INFRASTRUCTURE GROUP (MIGI) Technical Analysis
NASDAQ:MIGI • US57778N4060
Current stock price
2.6 USD
0 (0%)
At close:
2.7 USD
+0.1 (+3.85%)
After Hours:
MIGI Technical Rating and Analysis
We assign a technical rating of 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MIGI is a bad performer in the overall market: 97% of all stocks are doing better.
- MIGI is one of the lesser performing stocks in the Software industry. 83% of 277 stocks in the same industry do better.
- MIGI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MIGI is lagging the market.
- In the last month MIGI has a been trading in the 2.52 - 3.50 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
MIGI Weekly and Daily overview Charts
MIGI Setup Rating and Analysis
MIGI has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MIGI Support and Resistance Analysis
2.57
2.92
We found 1 important resistance area.
- A resistance zone ranging from 2.88 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for MIGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIGI is down. |
| ChartMill Relative Strength | 3.02 | NEGATIVE | MIGI has a low relative strength, it was outperformed by 96.98% 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) | 34.88 | NEUTRAL | The RSI value for MIGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MIGI has a positive trend. |
| Stochastics (14,3) | 5.86 | OVERSOLD | The low Stochastics value suggests MIGI may be oversold. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for MIGI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.97 | POSITIVE | The high ADX value value for MIGI suggests a strong trend. |
MIGI Chart- and CandleStick Pattern Analysis
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)
MIGI Technicals: Chart, Performance Metrics, Trend & Indicators
2.6
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-5.45%
2 Weeks-7.14%
1 Month-9.72%
3 Month-42.86%
6 Month-67.64%
12 Month-77.97%
2 Year-91.5%
3 Year-95.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%9.72%
ATR Inc-25.04%
Range Today0.14
ADR(20)0.25
ADR(20)%9.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.02
3 months CRS5.35
6 months CRS4.41
Mansfield-7.35
10 Day High3
10 Day Low2.52
20 Day High3.5
20 Day Low2.52
52 Week High40
52 Week Low2.01
CS1 EndN/A
CR1 Start2.88
Volume & EV
DER(3)-5.88%
DER(5)-18.27%
Volume40.60K
Volume Incr2.7%
Vol(5)52.54K
Vol(50)166.21K
MAWSON INFRASTRUCTURE GROUP / MIGI TA FAQ
Can you provide the ChartMill technical rating for MAWSON INFRASTRUCTURE GROUP?
ChartMill assigns a technical rating of 0 / 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.
What is the RSI signal for MAWSON INFRASTRUCTURE GROUP (MIGI) stock?
MAWSON INFRASTRUCTURE GROUP (MIGI) has an RSI value of 34.8794. This indicates that the stock is currently neutral.
What is the short term momentum for MAWSON INFRASTRUCTURE GROUP (MIGI) stock?
The short term momentum for MAWSON INFRASTRUCTURE GROUP (MIGI) is negative.
Can you provide the buy/sell signal for MAWSON INFRASTRUCTURE GROUP?
The buy/sell signal for MAWSON INFRASTRUCTURE GROUP (MIGI) is sell as both the short term and long term trends are negative.