Macquarie Infrastructure Corp (MIC): Price Down $-0.1 (-0.25)% Over Past Day, Up $0.03 (0.08)% Over Past Hour

The Hourly View for MIC

At the time of this writing, MIC (Get Ratings)’s price is up $0.03 (0.08%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

MIC ranks 43rd in terms of today’s price percentage change out of Wholesale stocks.

MIC’s Technical Outlook on the Daily Chart

Currently, MIC’s price is down $-0.1 (-0.25%) from the day prior. This move is a reversal from the day prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Macquarie Infrastructure Corp’s price action over the past 90 days can be seen via the chart below.