MAMA'S CREATIONS INC (MAMA) Stock Technical Analysis
NASDAQ:MAMA • US56146T1034
We assign a technical rating of 10 out of 10 to MAMA. Both in the recent history as in the last year, MAMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MAMA did better than 96% of all other stocks. We also observe that the gains produced by MAMA over the past year are nicely spread over this period.
- MAMA is part of the Food Products industry. There are 88 other stocks in this industry. MAMA outperforms 97% of them.
- MAMA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MAMA has a been trading in the 14.54 - 17.85 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- 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 present a decent entry opportunity 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
10.02
We found 5 important support areas.
- Support @15.25 from a trend line in the daily time frame.
- Support @14.94 from a horizontal line in the daily time frame.
- Support @13.39 from a trend line in the weekly time frame.
- Support @12.60 from a trend line in the daily time frame.
- Support @10.12 from a trend line in the weekly 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 | 96.97 | POSITIVE | MAMA has a high relative strength, it outperformed 96.97% 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) | 69.6 | NEUTRAL | The RSI value for MAMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests MAMA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.06 | OVERBOUGHT | The high Stochastics value suggests MAMA may be overbought. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for MAMA suggests some volalility. |
| Average Directional Index/ADX (14) | 41.58 | POSITIVE | The high ADX value value for MAMA suggests a strong trend. |
17.14
+0.11 (+0.65%)
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 10 / 10 to MAMA.
What is the current trend direction of MAMA'S CREATIONS INC (MAMA) stock?
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 69.6035. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAMA'S CREATIONS INC?
The MACD indicator for MAMA'S CREATIONS INC (MAMA) has a value of 0.133726, indicating a bearish trend.
What is the buy/sell signal for MAMA'S CREATIONS INC (MAMA) stock?
The buy/sell signal for MAMA'S CREATIONS INC (MAMA) is buy as both the short term and long term trends are positive.