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Millennium Group International Holdings Limited

MGIH Technical Analysis Summary (NASDAQ)

Analyze MGIH on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGIH●NASDAQ
Consumer CyclicalPackaging & Containers
$1.53
$0.03(1.92%)
U.S. Market opens in 17h 46m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGIH Technical Analysis Summary (NASDAQ)

Millennium Group International Holdings Limited (NASDAQ: MGIH) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.14)
Trend Strength:Strong (ADX: 38.89)
Volatility:Medium (ATR: 0.07)
Support/Resistance:$1.47 – $1.62 (Bollinger Bands)

Technical conditions suggest Millennium Group International Holdings Limited on the NASDAQ is awaiting a decisive move. Technical conditions suggest Millennium Group International Holdings Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.14

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 70.86

Bullish
Buying momentum building without extremes.

Williams %R: -58.33

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.29

Bearish
Selling pressure outweighs buying.

Takeaway:Millennium Group International Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 38.89

Strong
Strong trend, momentum well established.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): 130.45

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Millennium Group International Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.62
Middle Band (SMA 20)
$1.54
Lower Band
$1.47
Current Position
Within Bands

Takeaway:Millennium Group International Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.68
Middle Line (EMA 20)
$1.54
Lower Channel
$1.40
Squeeze Status
Squeeze On

Takeaway:Millennium Group International Holdings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.12M
Money Flow Index40.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index40.64Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGIH shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Millennium Group International Holdings Limited (NASDAQ: MGIH), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Millennium Group International Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MGIH) Technical Analysis FAQ