MI - sector TECHNOLOGY may be moving upExpect a deep wave 2 retracement, but for now seems like small retracement, rebound at MA 200
Current price shows MYR 2.24 (+3.23%) with key support at MYR 2.01 and resistance at MYR 2.67. The stock has formed a bullish trend since October 2024, showing higher lows and higher highs.
Technical indic
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0.08 MYR
68.07 M MYR
463.45 M MYR
482.64 M
About MI TECHNOVATION BERHAD
Sector
Industry
CEO
Kuang Eng Oh
Website
Headquarters
Bayan Lepas
Founded
2017
ISIN
MYL5286OO009
FIGI
BBG00KL4NJ79
Mi Technovation Bhd. is an investment holding company. It operates through the following segments: Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, Semiconductor Solutions Business Unit, and Others. The Semiconductor Equipment Business Unit segment offers semiconductor manufacturing equipment: providing maintenance services and technical support and selling related spare parts and components. The Semiconductor Material Business Unit segment is involved in manufacturing and sales of solder spheres. The Semiconductor Solutions Business Unit segment deals with the research and development, manufacturing, sales and marketing of specific processes and application in assembly and packaging solutions to customers. The Others segment includes investment holding and other activities. The company was founded on June 19, 2017 and is headquartered in Bayan Lepas, Malaysia.
MI Technovation Trading IdeaTechnical Setup:
The stock previously rebounded from both the uptrend line and the Fibonacci 0.618 retracement level, indicating strong support.
However, if the uptrend line breaks, it could signal a weakening of the bullish trend.
Entry Strategy:
Buy MI Technovation shares in the entry zone betwe
MI : AlgoSignal reveals potential uptrend.Several indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward,
MI, Potential Buy based on AlgoSignal StrategyThe current price exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a poten
Uptrend and Potential Breakout for MIThe market sentiment for stock MI has been notably bullish as the stock price trend has consistently maintained an upward trajectory, remaining above EMA20. The recent surge in trading volume, as depicted in the Volume Profile, suggests substantial buying interest, indicating a potential breakout sc
MI Simple Chart AnalysisI bought back MI to trade for a positive CPI data ahead.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
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Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MI is 1.63 MYR — it has decreased by −1.84% in the past 24 hours. Watch MI TECHNOVATION BERHAD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange MI TECHNOVATION BERHAD stocks are traded under the ticker MI.
MI stock has risen by 3.23% compared to the previous week, the month change is a −3.03% fall, over the last year MI TECHNOVATION BERHAD has showed a −13.30% decrease.
We've gathered analysts' opinions on MI TECHNOVATION BERHAD future price: according to them, MI price has a max estimate of 2.90 MYR and a min estimate of 2.40 MYR. Watch MI chart and read a more detailed MI TECHNOVATION BERHAD stock forecast: see what analysts think of MI TECHNOVATION BERHAD and suggest that you do with its stocks.
MI stock is 1.87% volatile and has beta coefficient of 1.87. Track MI TECHNOVATION BERHAD stock price on the chart and check out the list of the most volatile stocks — is MI TECHNOVATION BERHAD there?
Today MI TECHNOVATION BERHAD has the market capitalization of 1.46 B, it has decreased by −15.82% over the last week.
Yes, you can track MI TECHNOVATION BERHAD financials in yearly and quarterly reports right on TradingView.
MI TECHNOVATION BERHAD is going to release the next earnings report on Apr 24, 2025. Keep track of upcoming events with our Earnings Calendar.
MI net income for the last quarter is 20.90 M MYR, while the quarter before that showed −7.20 M MYR of net income which accounts for 390.33% change. Track more MI TECHNOVATION BERHAD financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MI TECHNOVATION BERHAD EBITDA is 116.97 M MYR, and current EBITDA margin is 21.80%. See more stats in MI TECHNOVATION BERHAD financial statements.
Like other stocks, MI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MI TECHNOVATION BERHAD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MI TECHNOVATION BERHAD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MI TECHNOVATION BERHAD stock shows the strong sell signal. See more of MI TECHNOVATION BERHAD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.