MAMA'S CREATIONS INC (MAMA) Stock Technical Analysis
NASDAQ:MAMA - Nasdaq - US56146T1034 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to MAMA. Although MAMA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
MAMA is one of the better performing stocks in the Food Products industry, it outperforms 84% of 91 stocks in the same industry.
MAMA 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 MAMA is lagging the market slightly.
In the last month MAMA has a been trading in the 7.75 - 9.20 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MAMA is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MAMA has an excellent technical rating, it 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
6.28
9.08
5 important support areas can be observed.
- A support zone ranging from 8.36 to 8.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.89 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.09 from a trend line in the daily time frame.
- Support @6.52 from a trend line in the weekly time frame.
- Support @6.34 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 | UP | POSITIVE | The short term trend for MAMA is up. |
| ChartMill Relative Strength | 77.15 | POSITIVE | MAMA has a high relative strength, it outperformed 77.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAMA is above 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) | 72.35 | OVERBOUGHT | The high RSI value suggests MAMA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MAMA has a positive trend. |
| Stochastics (14,3) | 94.56 | OVERBOUGHT | The high Stochastics value suggests MAMA may be overbought. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for MAMA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for MAMA suggests a strong trend. |
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)
8.99
+0.17 (+1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.93%
1 Week10.85%
2 Weeks12.94%
1 Month7.54%
3 Month32.01%
6 Month15.7%
12 Month16.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.89%
ATR Inc9.61%
Range Today0.44
ADR(20)0.35
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.15
Mansfield0.98
10 Day High9.2
10 Day Low7.82
20 Day High9.2
20 Day Low7.75
52 Week High9.98
52 Week Low5.5
CS1 End8.16
CR1 Start8.3
Volume & EV
DER(3)3.09%
DER(5)5.41%
Volume316.50K
Volume Incr-8.48%
Vol(5)330.78K
Vol(50)281.31K