NASDAQ:MFI - Nasdaq - VGG6065C1133 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MFI. MFI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MFI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.63. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MFI in the last couple of days, which is a good sign.
0.51
We found 2 important support areas.
We found 1 important resistance area.
0.5689
+0.05 (+9.36%)