Overall MIGI gets a technical rating of 0 out of 10. 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.
MIGI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MIGI in the last couple of days, which is a good sign.
4.50
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 | 3.53 | NEGATIVE | MIGI has a low relative strength, it was outperformed by 96.47% 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) | 37 | NEUTRAL | The RSI value for MIGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests MIGI has a positive trend. |
| Stochastics (14,3) | 3.87 | OVERSOLD | The low Stochastics value suggests MIGI may be oversold. |
| Average True Range in percent/ATR (20) | 31.98 | HIGH VOLATILITY | The high ATR as a percentage value for MIGI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for MIGI suggests a strong trend. |
4.55
+0.37 (+8.85%)
ChartMill assigns a technical rating of 0 / 10 to MIGI.
The current trend direction for MAWSON INFRASTRUCTURE GROUP (MIGI) is Bearish.
MAWSON INFRASTRUCTURE GROUP (MIGI) has an RSI value of 36.9969. This indicates that the stock is currently neutral.
The short term momentum for MAWSON INFRASTRUCTURE GROUP (MIGI) is negative.
The buy/sell signal for MAWSON INFRASTRUCTURE GROUP (MIGI) is sell as both the short term and long term trends are negative.