GLOBAL X MILLENNIAL CONSUMER (MILN) Stock Technical Analysis
NASDAQ:MILN - Nasdaq - US37954Y7647 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to MILN. Both in the recent history as in the last year, MILN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: MILN has an average volume of 5512 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MILN did better than 80% of all other stocks.
MILN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MILN has a been trading in the 46.10 - 49.36 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MILN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
39.30
50.21
4 important support areas can be observed.
- A support zone ranging from 48.44 to 48.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 45.70 to 47.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.90 from a trend line in the weekly time frame.
- Support @39.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.70 to 49.71. 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 | UP | POSITIVE | The long term trend for MILN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MILN is up. |
| ChartMill Relative Strength | 80.02 | POSITIVE | MILN has a high relative strength, it outperformed 80.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MILN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MILN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MILN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.07 | NEUTRAL | The RSI value for MILN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MILN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.59 | NEUTRAL | The Stochastics value for MILN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for MILN suggests low volalility. |
| Average Directional Index/ADX (14) | 14.27 | NEGATIVE | The low ADX value for MILN suggests a weak or negative 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)
NASDAQ:MILN (7/18/2025, 8:00:01 PM)
48.83
-0.05 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week0.31%
2 Weeks-0.93%
1 Month5.24%
3 Month19.24%
6 Month5.88%
12 Month27.29%
2 Year43.91%
3 Year66.83%
5 Year65.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%0.98%
ATR Inc-3.97%
Range Today0.22
ADR(20)0.37
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.02
Mansfield0.2
10 Day High49.36
10 Day Low48.19
20 Day High49.36
20 Day Low46.1
52 Week High49.77
52 Week Low35.03
CS1 End48.76
CR1 Start49.7
Volume & EV
DER(3)-1.54%
DER(5)-1.37%
Volume23.40K
Volume Incr60.07%
Vol(5)8.78K
Vol(50)5.51K