Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Millennium Group International Holdings Limited - Ordinary Shares (NASDAQ:MGIH)
Sidelines Mode (-55) - MGIH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for MGIH
The long-term trend has been DOWN since May 8th, 2023 at 1.59
The intermediate-term trend has been DOWN since May 8th, 2023 at 1.59
The short-term trend has been UP since May 31st, 2023 at 1.73
Smart Scan Analysis for MGIH
Based on our trend formula, MGIH is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.6325||52wk High Date||2023-04-04|
|52wk Low||1.54||52wk Low Date||2023-05-08|