WM TECHNOLOGY INC (MAPS) Stock Technical Analysis
NASDAQ:MAPS - Nasdaq - US92971A1097 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MAPS. MAPS'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, MAPS is a bad performer in the overall market: 77% of all stocks are doing better.
MAPS is one of the lesser performing stocks in the Software industry. 61% of 283 stocks in the same industry do better.
MAPS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MAPS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MAPS is lagging the market slightly.
Although the technical rating is bad, MAPS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.01, a Stop Loss order could be placed below this zone.
More info and screens
0.77
1.21
We found 2 important support areas.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @1.02 from a trend line in the daily time frame.
- A resistance zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.16 from a trend line in the weekly time frame.
- Resistance @1.20 from a trend 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 | DOWN | NEGATIVE | The long term trend for MAPS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAPS is down. |
| ChartMill Relative Strength | 23.75 | NEGATIVE | MAPS has a low relative strength, it was outperformed by 76.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MAPS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for MAPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MAPS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.84 | OVERSOLD | The low Stochastics value suggests MAPS may be oversold. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for MAPS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.77 | NEGATIVE | The low ADX value for MAPS suggests a weak or negative 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)
1.02
-0.02 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.92%
1 Week0.99%
2 Weeks-5.56%
1 Month-19.05%
3 Month-24.44%
6 Month-27.14%
12 Month2%
2 Year21.79%
3 Year-69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.06%
ATR Inc-21.95%
Range Today0.04
ADR(20)0.06
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.75
Mansfield-1.23
10 Day High1.12
10 Day Low1
20 Day High1.26
20 Day Low1
52 Week High1.65
52 Week Low0.7
CS1 End1.01
CR1 Start1.02
Volume & EV
DER(3)0.56%
DER(5)-1.46%
Volume632.20K
Volume Incr-28.09%
Vol(5)519.90K
Vol(50)702.23K