VANECK MOODY'S ANALYTICS IG (MIG) Stock Technical Analysis
NYSEARCA:MIG - NYSE Arca - US92189H8622 - ETF - Currency: USD
Overall MIG gets a technical rating of 3 out of 10. MIG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: MIG has an average volume of 3498 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, MIG turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
MIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MIG is lagging the market.
In the last month MIG has a been trading in a tight range between 21.02 and 21.30.
Although the technical rating is bad, MIG 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 21.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.23, a Stop Loss order could be placed below this zone.
More info and screens
20.65
22.39
When analyzing the support we notice one important area.
- A support zone ranging from 20.86 to 21.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.36 to 21.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 22.11 to 22.17. 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
CRS41.41
Mansfield-0.89
10 Day High21.29
10 Day Low21.02
20 Day High21.3
20 Day Low21.02
52 Week High22.22
52 Week Low20.57
Performance
1 Week0.83%
2 Weeks-0.19%
1 Month0.66%
3 Month-0.47%
6 Month-2.7%
12 Month0.81%
2 Year2.91%
3 Year-9.31%
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)0.01
RSI(14)54.21
LBB21.05
UBB21.31
NYSEARCA:MIG (2/21/2025, 12:57:43 PM)
21.26
+0.02 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.83%
2 Weeks-0.19%
1 Month0.66%
3 Month-0.47%
6 Month-2.7%
12 Month0.81%
2 Year2.91%
3 Year-9.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.38%
ATR Inc-74.26%
Range Today0
ADR(20)0.05
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.41
Mansfield-0.89
10 Day High21.29
10 Day Low21.02
20 Day High21.3
20 Day Low21.02
52 Week High22.22
52 Week Low20.57
CS1 End21.23
CR1 Start21.36
Volume & EV
DER(3)0%
DER(5)0%
Volume351
Volume Incr-35.6%
Vol(5)3.22K
Vol(50)3.50K