Monaker Group Inc (MKGI) Technical Analysis
NASDAQ:MKGI
Current stock price
MKGI Technical Rating and Analysis
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
MKGI Setup Rating and Analysis
Although the technical rating is bad, MKGI does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
MKGI Support and Resistance Analysis
2.00
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MKGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKGI is down. |
| ChartMill Relative Strength | 8.32 | NEGATIVE | MKGI has a low relative strength, it was outperformed by 91.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MKGI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.34 | NEUTRAL | The RSI value for MKGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MKGI has a positive trend. |
| Stochastics (14,3) | 36.55 | NEUTRAL | The Stochastics value for MKGI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for MKGI suggests high volalility. |
MKGI Chart- and CandleStick Pattern Analysis
MKGI Technicals: Chart, Performance Metrics, Trend & Indicators
2.27
+0.15 (+7.08%)
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.