MINT INCORPORATION LTD-A (MIMI) Technical Analysis
NASDAQ:MIMI • VGG6146G1090
Overall MIMI gets a technical rating of 2 out of 10. In the past year, MIMI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than MIMI.
- MIMI is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry, of which 81% are performing better than MIMI.
- MIMI 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 MIMI is lagging the market.
- In the last month MIMI has a been trading in the 0.28 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
- MIMI has an average volume of 6907310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MIMI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
0.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.30 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.35 from a trend line in the daily time frame.
- Resistance @0.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. 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 MIMI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIMI is neutral. |
| ChartMill Relative Strength | 3.81 | NEGATIVE | MIMI has a low relative strength, it was outperformed by 96.19% 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MIMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.75 | NEUTRAL | The RSI value for MIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MIMI has a positive trend. |
| Stochastics (14,3) | 24.3 | NEUTRAL | The Stochastics value for MIMI is a neutral value. |
| Average True Range in percent/ATR (20) | 14.2 | HIGH VOLATILITY | The high ATR as a percentage value for MIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for MIMI suggests a strong trend. |
MIMI Technicals: Chart, Performance Metrics, Trend & Indicators
0.3411
0 (-1.1%)
MINT INCORPORATION LTD-A / MIMI FAQ
Can you provide the ChartMill technical rating for MINT INCORPORATION LTD-A?
ChartMill assigns a technical rating of 2 / 10 to MIMI.
What is the trend direction for MIMI stock?
The current trend direction for MINT INCORPORATION LTD-A (MIMI) is Bearish.
What is the RSI signal for MIMI stock?
MINT INCORPORATION LTD-A (MIMI) has an RSI value of 50.7542. This indicates that the stock is currently neutral.
What is the MACD signal for MIMI stock?
The MACD indicator for MINT INCORPORATION LTD-A (MIMI) has a value of 0.00408616, indicating a bearish trend.
Can you provide the support and resistance levels for MINT INCORPORATION LTD-A?
MINT INCORPORATION LTD-A (MIMI) has a support level at 0.31 and a resistance level at 0.35. Check the full technical report for our detailed analysis of MIMI support and resistance levels.