MASIMO CORP (MASI) Stock Technical Analysis
NASDAQ:MASI - Nasdaq - US5747951003 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MASI. MASI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, MASI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 156.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 144.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MASI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
142.86
We found 1 important support area.
- A support zone ranging from 144.30 to 144.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 156.49 to 159.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 163.53 to 165.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @172.78 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 | DOWN | NEGATIVE | The long term trend for MASI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MASI is down. |
| ChartMill Relative Strength | 66.51 | NEUTRAL | MASI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MASI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MASI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MASI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.81 | NEUTRAL | The RSI value for MASI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MASI has a negative trend. |
| Stochastics (14,3) | 45.45 | NEUTRAL | The Stochastics value for MASI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MASI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for MASI suggests a possible start of a new trend. |
145.65
-1.11 (-0.76%)