MOBILE INFRASTRUCTURE CORP (BEEP) Stock Technical Analysis
NASDAQ:BEEP - Nasdaq - US60739N1019 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BEEP. Although BEEP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BEEP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, BEEP did better than 74% of all other stocks.
BEEP is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 73% of 84 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BEEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BEEP is lagging the market.
Considerably lower volume is observed in the last couple of days.
BEEP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BEEP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.87
4.74
We found 5 important support areas.
- A support zone ranging from 3.58 to 3.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.46 from a trend line in the weekly time frame.
- Support @3.23 from a trend line in the weekly time frame.
- Support @3.02 from a trend line in the daily time frame.
- Support @2.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.71 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.49 to 4.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BEEP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEEP is neutral. |
| ChartMill Relative Strength | 74.61 | POSITIVE | BEEP has a high relative strength, it outperformed 74.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEEP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BEEP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.79 | NEUTRAL | The RSI value for BEEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BEEP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.09 | NEUTRAL | The Stochastics value for BEEP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for BEEP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for BEEP suggests a possible start of a new trend. |
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)
3.7
-0.01 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.27%
1 Week0.54%
2 Weeks-2.12%
1 Month-14.15%
3 Month-9.54%
6 Month0.54%
12 Month40.68%
2 Year-49.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.79%
ATR Inc-19.43%
Range Today0.22
ADR(20)0.21
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.61
Mansfield-0.85
10 Day High4.02
10 Day Low3.58
20 Day High4.24
20 Day Low3.58
52 Week High4.86
52 Week Low2.6
CS1 End3.62
CR1 Start3.71
Volume & EV
DER(3)2.39%
DER(5)4.07%
Volume21.40K
Volume Incr-35.23%
Vol(5)23.62K
Vol(50)65.71K