MAWSON INFRASTRUCTURE GROUP (MIGI)

US57778N3070 - Common Stock

1.45  -0.01 (-0.68%)

After market: 1.49 +0.04 (+2.76%)

Technical Rating and Analysis

6

Overall MIGI gets a technical rating of 6 out of 10. In the last year, MIGI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

MIGI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
MIGI is one of the better performing stocks in the Software industry, it outperforms 84% of 282 stocks in the same industry.
In the last month MIGI has a been trading in the 1.03 - 1.53 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, MIGI did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MIGI Weekly chart
MIGI Daily chart
Setup Rating and Analysis

3

MIGI has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

1.07

3.33

2 important support areas can be observed.

  • Support @1.15 from a trend line in the weekly time frame.
  • Support @1.08 from a trend line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 1.46 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.55 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.83 to 1.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @3.30 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.97
Mansfield-1.36
10 Day High1.53
10 Day Low1.03
20 Day High1.53
20 Day Low1.03
52 Week High4.4
52 Week Low0.46
Performance
1 Week28.32%
2 Weeks19.83%
1 Month15.08%
3 Month-18.99%
6 Month21.85%
12 Month120.37%
2 Year-45.08%
3 Year-97.63%
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)0.03
RSI(14)59.93
LBB1.01
UBB1.44
MIGI Daily chart

MAWSON INFRASTRUCTURE GROUP

NASDAQ:MIGI (10/17/2024, 8:50:09 PM)

After market: 1.49 +0.04 (+2.76%)

1.45

-0.01 (-0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.68%
1 Week28.32%
2 Weeks19.83%
1 Month15.08%
3 Month-18.99%
6 Month21.85%
12 Month120.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%8.11%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.53
10 Day Low1.03
20 Day High1.53
20 Day Low1.03
52 Week High4.4
52 Week Low0.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume429.20K
Volume Incr28.41%
Vol(5)419.56K
Vol(50)799.46K