Monaker Group Inc (MKGI) Technical Analysis

NASDAQ:MKGI

Current stock price

2.27
+0.15 (+7.08%)
At close:
2.27
0 (0%)
After Hours:

MKGI Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MKGI. MKGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

  • The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
  • When comparing the yearly performance of all stocks, MKGI is a bad performer in the overall market: 92% of all stocks are doing better.
  • MKGI is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 84% are performing better than MKGI.
  • MKGI 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 MKGI has a been trading in the 2.06 - 2.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
  • Considerably lower volume is observed in the last couple of days.

MKGI Weekly and Daily overview Charts

Monaker Group Inc / MKGI Weekly stock chart
Monaker Group Inc / MKGI Daily stock chart

MKGI Setup Rating and Analysis

5

Although the technical rating is bad, MKGI does present a nice setup opportunity. Prices have been consolidating lately.

MKGI Support and Resistance Analysis

2.00

2.48

3 important support areas can be observed.

  • Support @2.25 from a horizontal line in the weekly time frame.
  • Support @2.11 from a horizontal line in the daily time frame.
  • Support @2.02 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 2.27 to 2.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.34 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 2.46 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

MKGI Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MKGI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MKGI is down.
ChartMill Relative Strength8.32NEGATIVEMKGI has a low relative strength, it was outperformed by 91.68% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MKGI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MKGI is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of MKGI is below the rising SMA(200).
Relative Strength Index/RSI (14)46.34NEUTRALThe RSI value for MKGI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests MKGI has a positive trend.
Stochastics (14,3)36.55NEUTRALThe Stochastics value for MKGI is a neutral value.
Average True Range in percent/ATR (20)6.63HIGH VOLATILITYThe high ATR as a percentage value for MKGI suggests high volalility.

MKGI Chart- and CandleStick Pattern Analysis

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)

MKGI Technicals: Chart, Performance Metrics, Trend & Indicators

Monaker Group Inc / MKGI Daily stock chart

Monaker Group Inc

NASDAQ:MKGI (7/8/2021, 8:22:39 PM)

After market: 2.27 0 (0%)

2.27

+0.15 (+7.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg7.08%
1 Week1.34%
2 Weeks2.25%
1 Month-6.2%
3 Month-23.57%
6 Month-15.93%
12 Month-7.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.63%
ATR Inc21.39%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.32
3 months CRSN/A
6 months CRSN/A
Mansfield-2.48
10 Day High2.45
10 Day Low2.1
20 Day High2.5
20 Day Low2.06
52 Week High4.99
52 Week Low1.93
CS1 End2.25
CR1 Start2.27
Volume & EV
DER(3)-4.06%
DER(5)-3.14%
Volume149.80K
Volume Incr-36.05%
Vol(5)155.38K
Vol(50)239.11K

Monaker Group Inc / MKGI TA FAQ

What is the ChartMill technical rating of Monaker Group Inc (MKGI) stock?

ChartMill assigns a technical rating of 0 / 10 to MKGI.


What is the current trend direction of Monaker Group Inc (MKGI) stock?

The current trend direction for Monaker Group Inc (MKGI) is Bearish.


Can you provide the RSI signal for Monaker Group Inc?

Monaker Group Inc (MKGI) has an RSI value of 46.3423. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Monaker Group Inc?

The MACD indicator for Monaker Group Inc (MKGI) has a value of 0.00735882, indicating a bearish trend.


What are the support and resistance levels for Monaker Group Inc (MKGI) stock?

Monaker Group Inc (MKGI) has a support level at 2.25 and a resistance level at 2.27. Check the full technical report for our detailed analysis of MKGI support and resistance levels.