MINT INCORPORATION LTD-A (MIMI) Stock Technical Analysis
USA - NASDAQ:MIMI - VGG6146G1090 - Common Stock
8.56 USD
+0.69 (+8.77%)
8.6 USD
+0.04 (+0.47%)
Taking everything into account, MIMI scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MIMI is a bad performer.
When comparing the yearly performance of all stocks, MIMI is a bad performer in the overall market: 100% of all stocks are doing better.
MIMI is one of the lesser performing stocks in the Commercial Services & Supplies industry. 92% of 84 stocks in the same industry do better.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MIMI has an average volume of 1323400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MIMI has a been trading in the 5.28 - 13.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MIMI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MIMI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.60
9.51
We found 5 important support areas.
- A support zone ranging from 7.86 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.93 from a trend line in the weekly time frame.
- Support @6.05 from a trend line in the daily time frame.
- Support @5.86 from a trend line in the daily time frame.
- Support @5.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.41 to 9.42. This zone is formed by a combination of multiple trend lines and important moving averages 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 MIMI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIMI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MIMI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIMI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.99 | NEUTRAL | The RSI value for MIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MIMI has a negative trend. |
| Stochastics (14,3) | 28.22 | NEUTRAL | The Stochastics value for MIMI is a neutral value. |
| Average True Range in percent/ATR (20) | 18.57 | HIGH VOLATILITY | The high ATR as a percentage value for MIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for MIMI 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)
8.56
+0.69 (+8.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg8.77%
1 Week-11.75%
2 Weeks-5.31%
1 Month6.47%
3 Month21.25%
6 Month60.3%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%18.57%
ATR Inc-46.1%
Range Today1.1
ADR(20)1.56
ADR(20)%18.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.12
10 Day Low7.5
20 Day High13.69
20 Day Low5.28
52 Week HighN/A
52 Week LowN/A
CS1 End7.93
CR1 Start9.41
Volume & EV
DER(3)9.32%
DER(5)12.65%
Volume445.71K
Volume Incr24.55%
Vol(5)2.06M
Vol(50)1.32M