MIY in upward trend: 10-day moving average broke above 50-day moving average on January 31, 2025
The 10-day moving average for MIY crossed bullishly above the 50-day moving average on January 31, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 21, 2025. You may want to consider a long position or call options on MIY as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MIY just turned positive on February 19, 2025. Looking at past instances where MIY's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
MIY moved above its 50-day moving average on February 14, 2025 date and that indicates a change from a downward trend to an upward trend.
The Aroon Indicator entered an Uptrend today. In of 269 cases where MIY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MIY moved out of overbought territory on February 03, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MIY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MIY broke above its upper Bollinger Band on January 31, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
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MIY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MIY has been loosely correlated with BHV. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if MIY jumps, then BHV could also see price increases.