MASI Technical Analysis - MASIMO CORP

Technical Rating and Analysis

Overall MASI gets a technical rating of 1 out of 10. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the performance of all stocks over the past year, MASI turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.

MASI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 61% of 191 stocks in the same industry.

MASI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MASI is lagging the market.

In the last month MASI has a been trading in the 135.34 - 154.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, MASI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 141.50, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

138.30

174.51

When analyzing the support we notice one important area.

A support zone ranging from 139.70 to 141.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 144.33 to 154.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @165.30 from a horizontal line in the daily time frame.
Resistance @172.78 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	43.3	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)	DOWN	NEGATIVE	The current price of MASI is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.38	NEUTRAL	The RSI value for MASI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.71	POSITIVE	The MACD value suggests MASI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	68.79	NEUTRAL	The Stochastics value for MASI is a neutral value.
Average True Range in percent/ATR (20)	2.9	MEDIUM VOLATILITY	The ATR as a percentage value for MASI suggests some volalility.
Average Directional Index/ADX (14)	15.3	NEGATIVE	The low ADX value for MASI suggests a weak or negative trend.