Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Mitie Group plc

MITFYPNK
Industrials
Specialty Business Services
$9.82
$0.19(1.97%)
U.S. Market opens in 8h 17m

Mitie Group plc (MITFY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mitie Group plc (PNK:MITFY).

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

MITFY Technical Analysis Summary

Mitie Group plc stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.51)
Trend Strength:Moderate (ADX: 26.17)
Volatility:Medium (ATR: 0.27)
Support/Resistance:$9.07 – $10.12 (Bollinger Bands)

Technical conditions suggest Mitie Group plc is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 60.51

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.41

Bullish
Buying momentum building without extremes.

Williams %R: -4.71

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.74

Strongly Bullish
Strong upside momentum.

Takeaway:Mitie Group plc shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.17

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.27

Low
Low volatility, stable price action.

CCI (14): 132.42

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Mitie Group plc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.12
Middle Band (SMA 20)
$9.59
Lower Band
$9.07
Current Position
Within Bands

Takeaway:Mitie Group plc trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$10.17
Middle Line (EMA 20)
$9.63
Lower Channel
$9.09
Squeeze Status
Squeeze On

Takeaway:Mitie Group plc trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.09K
Money Flow Index44.84Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.75Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MITFY shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Mitie Group plc, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

No significant bearish signals detected.

Overall Recommendation:Mitie Group plc stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ