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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.

NASDAQ_MGIH
Open High Low MGIH Price Change
1.72 1.80 1.69 1.74 +0.05
Entry Signal

MarketClub’s Trade Triangles for MGIH

long term down The long-term trend has been DOWN since May 8th, 2023 at 1.59

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2023 at 1.59

short term up 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).

-55
Smart Scan Analysis for MGIH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72 1.80 1.69 1.74 +0.05
Prev. Close Volume Bid Ask Time
1.74 108684 2023-06-02 15:59:52
52wk High4.632552wk High Date2023-04-04
52wk Low1.5452wk Low Date2023-05-08
Average Volume191,623
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