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3.16%
-0.05
Millennium Group International Holdings Ltd Stock (MGIH) Forecast
The Millennium Group International Holdings Ltd (MGIH) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.9946, representing a -34.99% decrease from the current price of $1.53. The highest analyst price target is $1.3915, and the lowest is $0.5977.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MGIH Price Target
Average 4.7982
(+213.61% Upside)
Is Millennium Group International Holdings Ltd (MGIH) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 43.00 | Neutral |
| STOCH(9,6) | 43.87 | Neutral |
| STOCHRSI(14) | 74.06 | Neutral |
| MACD(12,26) | -0.0208 | Buy |
| ADX(14) | 12.73 | Neutral |
| William %R | -53.33 | Neutral |
| CCI(14) | -176.96 | Sell |
Buy: 1
Sell: 1
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
1.5818
Sell
|
1.5729
Sell
|
| MA20 |
1.5564
Sell
|
1.5863
Sell
|
| MA50 |
1.6599
Sell
|
1.6149
Sell
|
| MA100 |
1.614
Sell
|
1.6039
Sell
|
| MA200 |
1.5739
Sell
|
1.5849
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, MGIH could be considered a Strong Sell, with 17 technical analysis indicators signaling 1 Buy signals, 11 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on MGIH, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 43 indicates that MGIH is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 43.87 indicates that MGIH is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 74.06 indicates that MGIH is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of The ADX value of 12.73 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -176.96 indicates that MGIH is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.
Long-term MGIH price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Millennium Group International Holdings Ltd financial reports and earnings history, Millennium Group International Holdings Ltd (MGIH) stock could reach $0.839 by 2030, $4.2735 by 2040 and $6.8788 by 2050. See the projected annual prices until 2050 of the Millennium Group International Holdings Ltd stock below:
- Millennium Group International Holdings Ltd (MGIH) is expected to reach an average price of $2.784 in 2035, with a high prediction of $2.6439 and a low estimate of $2.6994. This indicates an $81.96% rise from the last recorded price of $1.53.
- Millennium Group International Holdings Ltd (MGIH) stock is projected to chart a bullish course in 2040, with an average price target of $3.6135, representing an $136.18% surge from its current level. The forecast ranges from a conservative $3.5402 to a sky-high $4.2735.
- Our analysts predict Millennium Group International Holdings Ltd (MGIH) to jump 251.15% by 2045, soaring from $5.2572 to an average price of $5.3726, potentially reaching $5.3026. While $5.2572 is the low estimate, the potential upside is significant.
- Millennium Group International Holdings Ltd (MGIH) stock is expected to climb by 2050, reaching an average of $6.6597, a $335.28% jump from its current level. However, a wide range of estimates exists, with high and low targets of $6.8788 and $6.8096, respectively, highlighting the market's uncertainty.
Millennium Group International Holdings Ltd Stock (MGIH) Year by Year Forecast
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2024
Our forecast for MGIH stock price in 2024 now indicates an average price target of $5.0838 with a high forecast of $9.57 and a low forecast of $0.5977. The average prediction reflects an increase of +232.28% from the last recorded price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $0.6277 | $0.5977 | $1.3915 | -58.98% |
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2025
Millennium Group International Holdings Ltd Stock (MGIH) is expected to reach an average price of $4.7982 in 2025, with a high prediction of $9.1525 and a low estimate of $0.4438. This indicates an +213.61% rise from the last recorded price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $0.5879 | $0.4438 | $0.6797 | -61.57% |
| February, 2025 | $0.8061 | $0.4941 | $1.387 | -47.31% |
| March, 2025 | $0.7143 | $0.6743 | $0.8882 | -53.31% |
| April, 2025 | $1.4946 | $0.5555 | $9.1525 | -2.31% |
| May, 2025 | $1.1828 | $1.1028 | $1.8808 | -22.69% |
| June, 2025 | $0.9808 | $0.7869 | $1.2599 | -35.89% |
| July, 2025 | $1.02 | $0.8531 | $1.5199 | -33.33% |
| August, 2025 | $0.7263 | $0.5164 | $2.6723 | -52.53% |
| September, 2025 | $0.7328 | $0.5687 | $0.9905 | -52.10% |
| October, 2025 | $1.0683 | $0.6169 | $2.421 | -30.17% |
| November, 2025 | $0.9497 | $0.7356 | $1.4974 | -37.93% |
| December, 2025 | $0.8702 | $0.617 | $2.8178 | -43.12% |
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2026
The predicted value for Millennium Group International Holdings Ltd (MGIH) in 2026 is set at an average of $4.3678. Estimates vary from a peak of $8.7351 to a trough of $0.000534, indicating an +185.48% surge from the present price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $0.9967 | $0.7743 | $1.3066 | -34.86% |
| February, 2026 | $0.7528 | $0.6631 | $1.2549 | -50.80% |
| March, 2026 | $0.1095 | $0.000534 | $0.7672 | -92.85% |
| April, 2026 | $0.61 | $0.00233 | $0.947 | -60.13% |
| May, 2026 | $0.3564 | $0.0582 | $0.7641 | -76.71% |
| June, 2026 | $0.2528 | $0.2129 | $0.4205 | -83.48% |
| July, 2026 | $0.9333 | $0.136 | $8.7351 | -39.00% |
| August, 2026 | $0.6197 | $0.5897 | $1.4715 | -59.50% |
| September, 2026 | $0.6802 | $0.3838 | $0.8802 | -55.54% |
| October, 2026 | $0.3662 | $0.0662 | $0.9999 | -76.07% |
| November, 2026 | $0.2208 | $0.00461 | $2.1585 | -85.57% |
| December, 2026 | $0.5515 | $0.0631 | $1.9215 | -63.95% |
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Millennium Group International Holdings Ltd (MGIH) is $4.1685, with a high forecast of $8.3176 and a low forecast of $0.0193. This indicates an +172.45% increase from the last price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $0.3761 | $0.2238 | $1.0061 | -75.42% |
| February, 2027 | $0.3581 | $0.2484 | $0.5723 | -76.60% |
| March, 2027 | $0.4215 | $0.1381 | $2.3368 | -72.45% |
| April, 2027 | $0.406 | $0.3362 | $0.8399 | -73.46% |
| May, 2027 | $0.2707 | $0.2007 | $0.7923 | -82.30% |
| June, 2027 | $0.3185 | $0.1469 | $0.3085 | -79.18% |
| July, 2027 | $0.2861 | $0.1661 | $0.507 | -81.30% |
| August, 2027 | $0.0993 | $0.1154 | $0.2323 | -93.51% |
| September, 2027 | $0.2285 | $0.1331 | $0.1146 | -85.06% |
| October, 2027 | $0.6261 | $0.38 | $8.3176 | -59.08% |
| November, 2027 | $0.2707 | $0.0193 | $1.0623 | -82.31% |
| December, 2027 | $0.4114 | $0.0592 | $0.4853 | -73.11% |
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2028
In 2028, Millennium Group International Holdings Ltd (MGIH) is projected to reach an average price of $3.955, with a high projection of $7.9002 and a low estimate of $0.00981. This indicates an +158.50% rise from the last price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.1636 | $0.18 | $0.4799 | -89.31% |
| February, 2028 | $0.4408 | $0.359 | $1.6446 | -71.19% |
| March, 2028 | $0.1998 | $0.148 | $1.422 | -86.94% |
| April, 2028 | $0.0269 | $0.1469 | $0.5149 | -98.24% |
| May, 2028 | $0.1959 | $0.1605 | $1.8558 | -87.19% |
| June, 2028 | $0.0669 | $0.083 | $0.1469 | -95.63% |
| July, 2028 | $0.1152 | $0.0503 | $0.3732 | -92.47% |
| August, 2028 | $0.7293 | $0.0821 | $0.2393 | -52.34% |
| September, 2028 | $0.7953 | $0.7829 | $0.7547 | -48.02% |
| October, 2028 | $0.4578 | $0.2718 | $0.7083 | -70.08% |
| November, 2028 | $0.5626 | $0.5472 | $0.4908 | -63.23% |
| December, 2028 | $0.3302 | $0.00981 | $7.9002 | -78.42% |
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2029
The 2029 price forecast for Millennium Group International Holdings Ltd Stock (MGIH) is $0.8359 on average, with a high prediction of $1.6384 and a low estimate of $0.0334. This represents an -45.37% decrease from the previous price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.0388 | $0.0334 | $1.6384 | -97.46% |
| February, 2029 | $0.2162 | $0.2206 | $0.096 | -85.87% |
| March, 2029 | $0.081 | $0.0542 | $0.1079 | -94.71% |
| April, 2029 | $0.9292 | $0.70 | $1.1308 | -39.27% |
| May, 2029 | $0.778 | $0.8687 | $0.7882 | -49.15% |
| June, 2029 | $0.5669 | $0.6475 | $0.9225 | -62.94% |
| July, 2029 | $0.6659 | $0.6362 | $0.446 | -56.48% |
| August, 2029 | $0.6046 | $0.6457 | $1.3747 | -60.48% |
| September, 2029 | $0.2836 | $0.5336 | $0.5241 | -81.46% |
| October, 2029 | $0.6227 | $0.5129 | $0.4424 | -59.30% |
| November, 2029 | $1.2413 | $0.7121 | $1.1213 | -18.87% |
| December, 2029 | $1.1803 | $1.2153 | $1.2008 | -22.86% |
Millennium Group International Holdings Ltd Stock (MGIH) Price Forecast for 2030
Millennium Group International Holdings Ltd Stock (MGIH) is expected to reach an average price of $3.8499 in 2030, with a high forecast of $7.4827 and a low forecast of $0.217. This signifies an +151.63% surge from the last price of $1.53.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $0.939 | $0.7098 | $0.839 | -38.62% |
| February, 2030 | $1.018 | $0.9885 | $0.9185 | -33.46% |
| March, 2030 | $0.167 | $0.217 | $7.4827 | -89.08% |
| April, 2030 | $0.446 | $0.3462 | $0.2438 | -70.85% |
| May, 2030 | $0.5348 | $0.6257 | $0.5048 | -65.05% |
| June, 2030 | $1.06 | $0.4449 | $0.5601 | -30.72% |
| July, 2030 | $1.3085 | $1.3785 | $1.0584 | -14.48% |
| August, 2030 | $1.2292 | $1.386 | $1.2939 | -19.66% |
| September, 2030 | $0.905 | $1.1469 | $0.9923 | -40.85% |
| October, 2030 | $1.0912 | $1.1254 | $0.9908 | -28.68% |
| November, 2030 | $1.0293 | $1.1493 | $0.9916 | -32.73% |
| December, 2030 | $0.87 | $1.0024 | $0.997 | -43.13% |
0.49%
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