MGIH
Millennium Group·NASDAQ
--
--(--)
--
--(--)
1.67 / 10
Underperform
Technically, MGIH is weak with a 1.67/10 score. Five bearish indicators dominate: Long Upper Shadow, Long Lower Shadow, RSI Overbought, Marubozu White, and Hanging Man. Historical back-tests reveal negative average returns for these patterns, confirming a deteriorating short-term trend. The absence of bullish signals underscores the need for caution and suggests potential downside risk until a clear reversal emerges.
Analysis Checks(0/5)
Long Upper Shadow
Score2.7/10
Win Rate47.62%
Hist. Signals63
Avg Return0.11%
Score2.7/10
Win Rate47.62%
Hist. Signals63
Avg Return0.11%
RSI Overbought
Score1/10
Win Rate33.33%
Hist. Signals9
Avg Return-1.27%
Score1/10
Win Rate33.33%
Hist. Signals9
Avg Return-1.27%
Hanging Man
Score1/10
Win Rate16.67%
Hist. Signals6
Avg Return-5.12%
Score1/10
Win Rate16.67%
Hist. Signals6
Avg Return-5.12%
Long Lower Shadow
Score1.04/10
Win Rate41.54%
Hist. Signals65
Avg Return-1.37%
Score1.04/10
Win Rate41.54%
Hist. Signals65
Avg Return-1.37%
Marubozu White
Score2.62/10
Win Rate48.72%
Hist. Signals39
Avg Return-0.37%
Score2.62/10
Win Rate48.72%
Hist. Signals39
Avg Return-0.37%
Long Upper Shadow
Score2.7/10
Win Rate47.62%
Hist. Signals63
Avg Return0.11%
Score2.7/10
Win Rate47.62%
Hist. Signals63
Avg Return0.11%
Long Lower Shadow
Score1.04/10
Win Rate41.54%
Hist. Signals65
Avg Return-1.37%
Score1.04/10
Win Rate41.54%
Hist. Signals65
Avg Return-1.37%
RSI Overbought
Score1/10
Win Rate33.33%
Hist. Signals9
Avg Return-1.27%
Score1/10
Win Rate33.33%
Hist. Signals9
Avg Return-1.27%
Marubozu White
Score2.62/10
Win Rate48.72%
Hist. Signals39
Avg Return-0.37%
Score2.62/10
Win Rate48.72%
Hist. Signals39
Avg Return-0.37%
Hanging Man
Score1/10
Win Rate16.67%
Hist. Signals6
Avg Return-5.12%
Score1/10
Win Rate16.67%
Hist. Signals6
Avg Return-5.12%
What is the current technical signals for MGIH?
- MGIH presents a Underperform setup with a Technical Score of 1.67/10. Key technical indicators highlight an RSI of 51.85 and a MACD of -0.00, with the trend anchored by the 50-Day SMA at 1.40. Traders should monitor key support at 1.40 and resistance at 1.48.
