MAIN STREET CAPITAL CORP (MAIN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MAIN - US56035L1044 - Common Stock
Taking everything into account, MAIN scores 4 out of 10 in our technical rating. In the past year, MAIN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
MAIN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.94
2 important support areas can be observed.
- A support zone ranging from 58.00 to 59.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.48 to 56.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @65.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 66.98 to 67.54. 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 MAIN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAIN is up. |
| ChartMill Relative Strength | 49.87 | NEUTRAL | MAIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MAIN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MAIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.31 | NEUTRAL | The RSI value for MAIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests MAIN has a positive trend. |
| Stochastics (14,3) | 96.93 | OVERBOUGHT | The high Stochastics value suggests MAIN may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for MAIN suggests low volalility. |
| Average Directional Index/ADX (14) | 30.71 | POSITIVE | The high ADX value value for MAIN suggests a strong trend. |
60.73
+0.75 (+1.25%)
MAIN STREET CAPITAL CORP / MAIN FAQ
Can you provide the ChartMill technical rating for MAIN STREET CAPITAL CORP?
ChartMill assigns a technical rating of 4 / 10 to MAIN.
Can you provide the trend direction for MAIN STREET CAPITAL CORP?
The current trend direction for MAIN STREET CAPITAL CORP (MAIN) is Bearish.
What is the RSI signal for MAIN stock?
MAIN STREET CAPITAL CORP (MAIN) has an RSI value of 66.3076. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MAIN STREET CAPITAL CORP?
MAIN STREET CAPITAL CORP (MAIN) has a support level at 59.51 and a resistance level at 65.83. Check the full technical report for our detailed analysis of MAIN support and resistance levels.