MONEYGRAM INTERNATIONAL INC (MGI) Stock Technical Analysis
NASDAQ:MGI - Nasdaq - US60935Y2081 - Common Stock - Currency: USD
Overall MGI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MGI is only an average performer.
The long and short term trends are both positive. This is looking good!
MGI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MGI has a been trading in the 8.59 - 11.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
MGI has an average volume of 3840210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MGI turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
MGI is an average performer in the Financial Services industry, it outperforms 68% of 101 stocks in the same industry.
Although MGI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.05
11.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.77 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.40 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.00 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.15
Mansfield-0.15
10 Day High11
10 Day Low10.93
20 Day High11
20 Day Low8.59
52 Week High11
52 Week Low8.59
Performance
1 Week0.37%
2 Weeks0.55%
1 Month17.92%
3 Month1.29%
6 Month0.46%
12 Month8.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)62.58
LBB10.92
UBB11
10.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0.37%
2 Weeks0.55%
1 Month17.92%
3 Month1.29%
6 Month0.46%
12 Month8.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.58%
ATR Inc-57.58%
Range Today0.01
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
CRS69.15
Mansfield-0.15
10 Day High11
10 Day Low10.93
20 Day High11
20 Day Low8.59
52 Week High11
52 Week Low8.59
CS1 End10.97
CR1 Start11
Volume & EV
DER(3)-0.92%
DER(5)1.1%
Volume4.58M
Volume Incr-52.97%
Vol(5)2.36M
Vol(50)3.84M