MANHATTAN BRIDGE CAPITAL INC (LOAN) Stock Technical Analysis
USA - NASDAQ:LOAN - US5628031065 - REIT
Overall LOAN gets a technical rating of 0 out of 10. 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.
The technical rating of LOAN is bad and it also does not present a quality setup 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
4.79
We found 1 important support area.
- A support zone ranging from 4.84 to 4.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.99 to 5.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.14 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.62 to 5.63. This zone is formed by a combination of multiple trend lines 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 | 20.94 | NEGATIVE | LOAN has a low relative strength, it was outperformed by 79.06% 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) | 29.17 | OVERSOLD | The low RSI value suggests LOAN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LOAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.41 | NEUTRAL | The Stochastics value for LOAN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LOAN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for LOAN suggests a strong trend. |
4.88
-0.1 (-2.01%)
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.
Can you provide the trend direction for MANHATTAN BRIDGE CAPITAL INC?
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 29.1691. This indicates that the stock is currently oversold.
What is the buy/sell signal for LOAN stock?
The buy/sell signal for MANHATTAN BRIDGE CAPITAL INC (LOAN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for LOAN stock?
MANHATTAN BRIDGE CAPITAL INC (LOAN) has a support level at 4.84 and a resistance level at 4.99. Check the full technical report for our detailed analysis of LOAN support and resistance levels.