GLOBAL X MILLENNIAL CONSUMER (MILN) Stock Technical Analysis
USA - NASDAQ:MILN - US37954Y7647 - ETF
Taking everything into account, MILN scores 0 out of 10 in our technical rating. MILN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MILN 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
40.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 45.69 to 46.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.67 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 48.85 to 49.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.72 to 50.72. 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 | DOWN | NEGATIVE | The long term trend for MILN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MILN is down. |
| ChartMill Relative Strength | 35.3 | NEUTRAL | MILN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MILN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MILN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MILN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.68 | NEUTRAL | The RSI value for MILN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MILN has a negative trend. |
| Stochastics (14,3) | 30.51 | NEUTRAL | The Stochastics value for MILN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for MILN suggests low volalility. |
| Average Directional Index/ADX (14) | 25.33 | POSITIVE | The high ADX value value for MILN suggests a strong trend. |
NASDAQ:MILN (11/14/2025, 11:13:16 AM)
46.15
-0.05 (-0.11%)
GLOBAL X MILLENNIAL CONSUMER / MILN FAQ
What is the technical rating for MILN stock?
ChartMill assigns a technical rating of 0 / 10 to MILN.
What is the current trend direction of GLOBAL X MILLENNIAL CONSUMER (MILN) stock?
The current trend direction for GLOBAL X MILLENNIAL CONSUMER (MILN) is Bearish.
What is the RSI signal for GLOBAL X MILLENNIAL CONSUMER (MILN) stock?
GLOBAL X MILLENNIAL CONSUMER (MILN) has an RSI value of 37.6829. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X MILLENNIAL CONSUMER?
The MACD indicator for GLOBAL X MILLENNIAL CONSUMER (MILN) has a value of -0.068219, indicating a bearish trend.
What is the short term momentum for MILN stock?
The short term momentum for GLOBAL X MILLENNIAL CONSUMER (MILN) is negative.