Technical Analysis for MGIH - Millennium Group International Holdings Limited

Grade Last Price % Change Price Change
C 1.54 5.48% 0.08
MGIH closed up 5.48 percent on Monday, July 1, 2024, on 74 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Fell Below 200 DMA Bearish 5.48%
20 DMA Support Bullish 5.48%
50 DMA Support Bullish 5.48%
NR7 Range Contraction 5.48%
NR7-2 Range Contraction 5.48%
Gapped Down Weakness 5.48%
200 DMA Support Bullish -1.28%
NR7 Range Contraction -1.28%
Upper Bollinger Band Walk Strength -1.28%

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Profile

Millennium Group International Holdings Limited Description

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, other Southeast Asian countries, Australia, the United States, and internationally. The company offers packaging products, including paper-based inner packaging boxes to industries and/or products, such as footwear products, sportswear, cookware and kitchenware, smartphones, and home electronics. It also provides corrugated products for industries and/or products, such as food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics, as well as packaging products supply chain management solutions. The company was founded in 1978 and is headquartered in Kwun Tong, Hong Kong. Millennium Group International Holdings Limited operates as a subsidiary of YC 1926 (BVI) Limited.


Classification

Sector: Consumer Cyclical
Industry: Packaging & Containers
Keywords: E Commerce Beverage Smartphones Footwear Products Packaging And Labeling Corrugated Products Labels

Is MGIH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 9.57
52 Week Low 0.89
Average Volume 30,113
200-Day Moving Average 1.48
50-Day Moving Average 1.44
20-Day Moving Average 1.43
10-Day Moving Average 1.51
Average True Range 0.13
RSI (14) 57.26
ADX 37.49
+DI 27.66
-DI 9.04
Chandelier Exit (Long, 3 ATRs) 1.41
Chandelier Exit (Short, 3 ATRs) 1.65
Upper Bollinger Bands 1.61
Lower Bollinger Band 1.26
Percent B (%b) 0.81
BandWidth 24.21
MACD Line 0.03
MACD Signal Line 0.02
MACD Histogram 0.0136
Fundamentals Value
Market Cap 17.33 Million
Num Shares 11.3 Million
EPS -0.03
Price-to-Earnings (P/E) Ratio -51.33
Price-to-Sales 0.25
Price-to-Book 0.30
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.69
Resistance 3 (R3) 1.67 1.61 1.67
Resistance 2 (R2) 1.61 1.57 1.62 1.66
Resistance 1 (R1) 1.57 1.54 1.59 1.59 1.65
Pivot Point 1.51 1.51 1.52 1.52 1.51
Support 1 (S1) 1.47 1.47 1.49 1.49 1.43
Support 2 (S2) 1.41 1.44 1.42 1.42
Support 3 (S3) 1.37 1.41 1.42
Support 4 (S4) 1.39