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Mitie Group plc

MITFY•PNK
Industrials
Specialty Business Services
$9.73
$0.81(9.08%)
U.S. Market opens in 17h 15m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.05)
Trend Strength:Weak (ADX: 12.42)
Volatility:Low (ATR: 0.15)
Support/Resistance:$8.84 – $9.58 (Bollinger Bands)

Overall, Mitie Group plc remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 37.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.84

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.15

Bearish
Selling pressure outweighs buying.

Takeaway:Mitie Group plc shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.15

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.42

Weak
Weak trend, market trading sideways.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): -115.37

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Mitie Group plc shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.58
Middle Band (SMA 20)
$9.21
Lower Band
$8.84
Current Position
Above Upper Band

Takeaway:Mitie Group plc trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$9.50
Middle Line (EMA 20)
$9.20
Lower Channel
$8.90
Squeeze Status
No Squeeze

Takeaway:Mitie Group plc trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-3.57K
Money Flow Index39.73Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.93Bearish, price momentum favors sellers.

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

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

Bullish Signals

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Mitie Group plc are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ