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MAIN STREET CAPITAL CORP (MAIN)

US56035L1044 - Common Stock

41.66  -0.04 (-0.1%)

Technical Rating and Analysis

10

Overall MAIN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MAIN has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MAIN did better than 77% of all other stocks. On top of that, MAIN also shows a nice and consistent pattern of rising prices.
MAIN is one of the better performing stocks in the Capital Markets industry, it outperforms 81% of 207 stocks in the same industry.
MAIN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAIN is lagging the market slightly.
In the last month MAIN has a been trading in a tight range between 39.87 and 41.93.
Weekly and Daily overview Charts
MAIN Weekly chart
MAIN Daily chart
Setup Rating and Analysis

7

Although MAIN has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

37.48

43.17

We found 2 important support areas.

  • A support zone ranging from 40.17 to 41.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 37.86 to 38.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 42.27 to 42.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.34
Mansfield-0.32
10 Day High41.93
10 Day Low40.78
20 Day High41.93
20 Day Low39.87
52 Week High43.15
52 Week Low35.41
Performance
1 Week0.75%
2 Weeks2.06%
1 Month2.23%
3 Month3.53%
6 Month4.17%
12 Month13.56%
2 Year-7.04%
3 Year29.26%
5 Year23.34%
10 Year27.56%
15 Year326.82%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)65.93
LBB40.41
UBB41.98
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
41.9440.771.17 (2.79%)25.00%
An entry @41.94. This is a Buy Stop order right above the 10 day high.An exit @40.77. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.17 points, which is 2.79%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MAIN Daily chart

MAIN STREET CAPITAL CORP

NYSE:MAIN (12/6/2023, 11:07:04 AM)

41.66

-0.04 (-0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.1%
1 Week0.75%
2 Weeks2.06%
1 Month2.23%
3 Month3.53%
6 Month4.17%
12 Month13.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%0.97%
ATR Inc
Range Today0.26
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High41.93
10 Day Low40.78
20 Day High41.93
20 Day Low39.87
52 Week High43.15
52 Week Low35.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume185.89K
Volume Incr-14.45%
Vol(5)332.54K
Vol(50)360.42K