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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Millennium Group International Holdings Limited - Ordinary Shares (NASDAQ:MGIH)
Countertrend Up (+85) - MGIH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MGIH?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGIH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGIH
The long-term trend has been UP since Feb 12th, 2024 at 1.8270
The intermediate-term trend has been UP since Apr 22nd, 2024 at 1.5350
The short-term trend has been DOWN since May 3rd, 2024 at 1.4903
Smart Scan Analysis for MGIH
Based on our trend formula, MGIH is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.490 | 1.510 | 1.430 | 1.495 | +0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.495 | 7747 | 2024-05-08 15:57:45 |
| 52wk High | 9.57 | 52wk High Date | 2024-02-12 |
| 52wk Low | 0.89 | 52wk Low Date | 2023-11-21 |
| Average Volume | 35,554 |