Stock Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
Micro Focus Intl PLC ADS each representing One Ord Sh (NYSE:MFGP)
Bull Market Weakness (+75) - MFGP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MFGP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MFGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFGP
The long-term trend has been UP since Aug 26th, 2022 at 5.150
The intermediate-term trend has been UP since Oct 26th, 2022 at 5.950
The short-term trend has been DOWN since Jan 30th, 2023 at 6.465
Smart Scan Analysis for MFGP
Based on our trend formula, MFGP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||34.99||Year High Date||2018-01-05|
|Year Low||12.67||Year Low Date||2018-03-22|
|52wk High||6.58||52wk High Date||2022-02-10|
|52wk Low||3.03||52wk Low Date||2022-07-05|
|Average Volume||378,836||Market Cap||4,663M|