MASSIMO GROUP (MAMO) Stock Technical Analysis
NASDAQ:MAMO - Nasdaq - US57628N1019 - Common Stock - Currency: USD
Taking everything into account, MAMO scores 0 out of 10 in our technical rating. MAMO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MAMO is a bad performer in the overall market: 92% of all stocks are doing better.
MAMO is one of the lesser performing stocks in the Automobiles industry. 72% of 37 stocks in the same industry do better.
MAMO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MAMO has a been trading in the 1.85 - 2.55 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MAMO has an average volume of 9570 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
MAMO has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
2.05
2.40
When analyzing the support we can see 2 important areas.
- Support @2.19 from a trend line in the daily time frame.
- A support zone ranging from 2.07 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.29 from a trend line in the daily time frame.
- A resistance zone ranging from 2.33 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for MAMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAMO is down. |
| ChartMill Relative Strength | 8.88 | NEGATIVE | MAMO has a low relative strength, it was outperformed by 91.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.83 | NEUTRAL | The RSI value for MAMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MAMO has a negative trend. |
| Stochastics (14,3) | 51.34 | NEUTRAL | The Stochastics value for MAMO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for MAMO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for MAMO 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)
NASDAQ:MAMO (6/16/2025, 11:09:51 AM)
2.19
+0.11 (+5.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg5.29%
1 Week-0.76%
2 Weeks-10.62%
1 Month-10.37%
3 Month-22.81%
6 Month-21.06%
12 Month-39.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.29%
ATR Inc20.54%
Range Today0.35
ADR(20)0.14
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.88
Mansfield-3.6
10 Day High2.35
10 Day Low1.85
20 Day High2.55
20 Day Low1.85
52 Week High4.66
52 Week Low1.85
CS1 End2.07
CR1 Start2.19
Volume & EV
DER(3)-4.92%
DER(5)-6.95%
Volume540
Volume Incr-65.72%
Vol(5)2.06K
Vol(50)9.57K