META MATERIALS INC (MMAT)
US59134N3026 - Common Stock
Taking everything into account, MMAT scores 2 out of 10 in our technical rating. MMAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MMAT is a bad performer in the overall market: 88% of all stocks are doing better.
MMAT is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, of which 77% are performing better than MMAT.
MMAT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
MMAT has an average volume of 1194280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MMAT has a been trading in the 2.20 - 4.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MMAT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.12
3.84
When analyzing the support we notice one important area.
- A support zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.24 from a trend line in the daily time frame.
- A resistance zone ranging from 3.30 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.80 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.8
Mansfield-7.6
10 Day High4.41
10 Day Low2.99
20 Day High4.41
20 Day Low2.2
52 Week High27.5
52 Week Low1.8
Performance
1 Week-10.29%
2 Weeks-29.56%
1 Month36.77%
3 Month28.15%
6 Month-54.88%
12 Month-84.28%
2 Year-97.04%
3 Year-99.59%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)46.72
LBB2.91
UBB4.14
META MATERIALS INC
NASDAQ:MMAT (6/17/2024, 7:00:00 PM)
After market: 3.13 +0.08 (+2.62%)3.05
-0.09 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.87%
1 Week-10.29%
2 Weeks-29.56%
1 Month36.77%
3 Month28.15%
6 Month-54.88%
12 Month-84.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%15.55%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.41
10 Day Low2.99
20 Day High4.41
20 Day Low2.2
52 Week High27.5
52 Week Low1.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume107.00K
Volume Incr-94.06%
Vol(5)156.48K
Vol(50)1.19M