MAMA'S CREATIONS INC (MAMA) Stock Technical Analysis
NASDAQ:MAMA - Nasdaq - US56146T1034 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MAMA. In the last year, MAMA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month MAMA has a been trading in the 8.01 - 9.72 range, which is quite wide. It is currently trading near the lows of this range.
MAMA is part of the Food Products industry. There are 91 other stocks in this industry. MAMA outperforms 77% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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 relatively good performance is mostly due to a recent big move.
MAMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAMA is lagging the market.
Considerably lower volume is observed in the last couple of days.
MAMA has an average technical rating and it also does not offer a high quality setup 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
6.40
9.80
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.04 to 8.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.51 from a trend line in the daily time frame.
- Support @6.70 from a trend line in the weekly time frame.
- Support @6.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.39 to 8.49. 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 9.21 to 9.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @9.70 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 | 77.76 | POSITIVE | MAMA has a high relative strength, it outperformed 77.76% 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) | 41.95 | NEUTRAL | The RSI value for MAMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MAMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.82 | OVERSOLD | The low Stochastics value suggests MAMA may be oversold. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for MAMA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.27 | NEUTRAL | The ADX value for MAMA suggests a possible start of a new 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)
8.14
-0.05 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.61%
1 Week-1.45%
2 Weeks-10.84%
1 Month-8.74%
3 Month26.78%
6 Month14.39%
12 Month9.35%
2 Year103.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%4.73%
ATR Inc-19.06%
Range Today0.42
ADR(20)0.37
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.76
Mansfield-0.1
10 Day High9.26
10 Day Low8.01
20 Day High9.72
20 Day Low8.01
52 Week High9.98
52 Week Low5.5
CS1 End8.17
CR1 Start8.41
Volume & EV
DER(3)-7.07%
DER(5)-4.47%
Volume166.44K
Volume Incr-25.42%
Vol(5)160.83K
Vol(50)281.52K