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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
$1.58
$0.06(3.95%)
U.S. Market opens in 49h 30m

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 Bullish (RSI: 50.00)
Trend Strength:Very Strong (ADX: 54.37)
Volatility:High (ATR: 0.12)
Support/Resistance:$1.44 – $1.69 (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): 50.00

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.27

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.85

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.96

Bullish
Steady upward momentum.

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: 54.37

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): -28.46

Bearish
Bearish, momentum remains under pressure.

Takeaway:Millennium Group International Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.69
Middle Band (SMA 20)
$1.57
Lower Band
$1.44
Current Position
Within Bands

Takeaway:Millennium Group International Holdings Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.81
Middle Line (EMA 20)
$1.56
Lower Channel
$1.31
Squeeze Status
Squeeze On

Takeaway:Millennium Group International Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-6.39M
Money Flow Index29.03Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.49Bearish, price momentum favors sellers.

Overall Takeaway:MGIH shows bearish money flow, with sellers dominating volume and vigor.

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.

Price trading above middle Bollinger Band → mid-term support intact.

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