We assign a technical rating of 1 out of 10 to MIMI. MIMI'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 98% of all other stocks performed better in the past year than MIMI.
- MIMI is one of the lesser performing stocks in the Commercial Services & Supplies industry. 89% of 80 stocks in the same industry do better.
- MIMI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MIMI has a been trading in the 0.25 - 0.43 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- MIMI has an average volume of 6000230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MIMI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.35
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.36 to 0.36. 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 | 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 | 2.54 | NEGATIVE | MIMI has a low relative strength, it was outperformed by 97.46% 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) | DOWN | NEGATIVE | The current price of MIMI is below a declining 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) | 48.13 | NEUTRAL | The RSI value for MIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MIMI has a positive trend. |
| Stochastics (14,3) | 24.19 | NEUTRAL | The Stochastics value for MIMI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.9 | HIGH VOLATILITY | The high ATR as a percentage value for MIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for MIMI suggests a possible start of a new trend. |
0.3523
+0.1 (+37.08%)
MINT INCORPORATION LTD-A / MIMI FAQ
Can you provide the ChartMill technical rating for MINT INCORPORATION LTD-A?
ChartMill assigns a technical rating of 1 / 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 48.1267. 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 0.022576, indicating a bearish trend.
Can you provide the support and resistance levels for MINT INCORPORATION LTD-A?
MINT INCORPORATION LTD-A (MIMI) has a resistance level at 0.36. Check the full technical report for our detailed analysis of MIMI support and resistance levels.