We assign a technical rating of 1 out of 10 to 1MBG. 1MBG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, 1MBG is a bad performer in the overall market: 71% of all stocks are doing better.
1MBG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: 1MBG has an average volume of 2729 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
1MBG is an average performer in the Automobiles industry, it outperforms 67% of 29 stocks in the same industry.
In the last month 1MBG has a been trading in the 45.98 - 62.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.