Mam Software Group Inc (MAMS) Stock Technical Analysis
USA - NASDAQ:MAMS -
12.12
+0.02 (+0.17%)
We assign a technical rating of 10 out of 10 to MAMS. Both in the recent history as in the last year, MAMS 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, MAMS did better than 95% of all other stocks. On top of that, MAMS also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by MAMS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month MAMS has a been trading in a tight range between 12.03 and 12.12.
MAMS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.13. Right above this resistance zone may be a good entry point.
More info and screens
10.40
12.30
3 important support areas can be observed.
- A support zone ranging from 11.34 to 11.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.88 from a trend line in the weekly time frame.
- A support zone ranging from 10.51 to 10.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.13 to 12.18. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for MAMS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAMS is up. |
| ChartMill Relative Strength | 95.47 | POSITIVE | MAMS has a high relative strength, it outperformed 95.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.65 | OVERBOUGHT | The high RSI value suggests MAMS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MAMS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.92 | OVERBOUGHT | The high Stochastics value suggests MAMS may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for MAMS suggests low volalility. |
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)
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 |
|---|---|---|---|
| 12.13 | 12.07 | 0.06 (0.49%) | 25.00% |
| An entry @12.13. This is a Buy Stop order right above the 10 day high. | An exit @12.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- 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.
NASDAQ:MAMS (10/18/2019, 8:00:00 PM)
12.12
+0.02 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.17%
2 Weeks0.25%
1 Month0.58%
3 Month10.81%
6 Month41.92%
12 Month60.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.2%
ATR Inc6.87%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.47
3 months CRSN/A
6 months CRSN/A
Mansfield2.31
10 Day High12.12
10 Day Low12.08
20 Day High12.12
20 Day Low12.03
52 Week High12.12
52 Week Low6.53
CS1 End11.65
CR1 Start12.13
Volume & EV
DER(3)-1.02%
DER(5)-0.84%
Volume47.70K
Volume Incr30.28%
Vol(5)88.20K
Vol(50)69.14K