MAMA'S CREATIONS INC (MAMA) Stock Technical Analysis
USA - NASDAQ:MAMA - US56146T1034 - Common Stock
Taking everything into account, MAMA scores 7 out of 10 in our technical rating. In the last year, MAMA was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, MAMA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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6.81
4 important support areas can be observed.
- A support zone ranging from 10.27 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.89 to 8.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.90 from a horizontal line in the daily time frame.
- Support @6.88 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.38 to 10.70. 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 10.95 to 10.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.20 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for MAMA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAMA is down. |
| ChartMill Relative Strength | 87.35 | POSITIVE | MAMA has a high relative strength, it outperformed 87.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MAMA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.38 | NEUTRAL | The RSI value for MAMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MAMA has a negative trend. |
| Stochastics (14,3) | 18.51 | OVERSOLD | The low Stochastics value suggests MAMA may be oversold. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MAMA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for MAMA suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.71 | 10.26 | 0.45 (4.20%) | 23.80% |
| An entry @10.71. This is a Buy Stop order right above the resistance zone. | An exit @10.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.45 points, which is 4.20%. | For a 1.00% total portfolio risk, you can invest 23.80% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MAMA. Please evaluate whether better entry and exit points can be found.
- 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.
10.32
+0.04 (+0.39%)
MAMA'S CREATIONS INC / MAMA FAQ
What is the ChartMill technical rating of MAMA'S CREATIONS INC (MAMA) stock?
ChartMill assigns a technical rating of 7 / 10 to MAMA.
Can you provide the trend direction for MAMA'S CREATIONS INC?
The current trend direction for MAMA'S CREATIONS INC (MAMA) is Bullish.
What is the RSI signal for MAMA stock?
MAMA'S CREATIONS INC (MAMA) has an RSI value of 43.3762. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MAMA'S CREATIONS INC?
The short term momentum for MAMA'S CREATIONS INC (MAMA) is negative.
What is the buy/sell signal for MAMA stock?
The buy/sell signal for MAMA'S CREATIONS INC (MAMA) is hold as the short term and long term trends are mixed.