Taking everything into account, LOAN scores 0 out of 10 in our technical rating. LOAN'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.
LOAN has a poor technical rating and the quality of the setup is also only medium 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
4.46
When analyzing the support we notice one important area.
- Support @4.51 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 4.73 to 4.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.98 to 4.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.39 to 5.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.73 to 5.81. 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 | DOWN | NEGATIVE | The long term trend for LOAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOAN is down. |
| ChartMill Relative Strength | 15.66 | NEGATIVE | LOAN has a low relative strength, it was outperformed by 84.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.45 | NEUTRAL | The RSI value for LOAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LOAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.41 | OVERSOLD | The low Stochastics value suggests LOAN may be oversold. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for LOAN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for LOAN suggests a strong trend. |
4.524
-0.06 (-1.22%)
MANHATTAN BRIDGE CAPITAL INC / LOAN FAQ
What is the ChartMill technical rating of MANHATTAN BRIDGE CAPITAL INC (LOAN) stock?
ChartMill assigns a technical rating of 0 / 10 to LOAN.
What is the trend direction for LOAN stock?
The current trend direction for MANHATTAN BRIDGE CAPITAL INC (LOAN) is Bearish.
What is the RSI signal for LOAN stock?
MANHATTAN BRIDGE CAPITAL INC (LOAN) has an RSI value of 34.4453. This indicates that the stock is currently neutral.
What is the short term momentum for MANHATTAN BRIDGE CAPITAL INC (LOAN) stock?
The short term momentum for MANHATTAN BRIDGE CAPITAL INC (LOAN) is negative.
Can you provide the support and resistance levels for MANHATTAN BRIDGE CAPITAL INC?
MANHATTAN BRIDGE CAPITAL INC (LOAN) has a support level at 4.51 and a resistance level at 4.73. Check the full technical report for our detailed analysis of LOAN support and resistance levels.