MASIMO CORP (MASI) Technical Analysis
NASDAQ:MASI • US5747951003
Overall MASI gets a technical rating of 8 out of 10. Although MASI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- MASI is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. MASI outperforms 78% of them.
- MASI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- MASI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- MASI has an average volume of 1380930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MASI outperforms 68% of them, which is more or less in line with the market.
MASI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 175.36, a Stop Loss order could be placed below this zone.
More info and screens
126.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 175.09 to 175.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @139.75 from a horizontal line in the daily time frame.
- Support @129.96 from a trend line in the weekly time frame.
- Support @127.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @175.38 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for MASI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MASI is up. |
| ChartMill Relative Strength | 68.33 | NEUTRAL | MASI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MASI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MASI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MASI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.97 | OVERBOUGHT | The high RSI value suggests MASI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests MASI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.88 | OVERBOUGHT | The high Stochastics value suggests MASI may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for MASI suggests some volalility. |
| Average Directional Index/ADX (14) | 40.72 | POSITIVE | The high ADX value value for MASI suggests a strong trend. |
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 |
|---|---|---|---|
| 175.39 | 175.08 | 0.31 (0.18%) | 25.00% |
| An entry @175.39. This is a Buy Stop order right above the resistance zone. | An exit @175.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.31 points, which is 0.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.04%. |
- The distance between exit and entry is rather small compared to the average daily movement of MASI. Please evaluate whether better entry and exit points can be found.
- 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.
MASI Technicals: Chart, Performance Metrics, Trend & Indicators
175.37
+0.01 (+0.01%)
MASIMO CORP / MASI FAQ
What is the technical rating for MASI stock?
ChartMill assigns a technical rating of 8 / 10 to MASI.
Can you provide the trend direction for MASIMO CORP?
The current trend direction for MASIMO CORP (MASI) is Bullish.
Can you provide the RSI signal for MASIMO CORP?
MASIMO CORP (MASI) has an RSI value of 75.9672. This indicates that the stock is currently overbought.
What is the short term momentum for MASI stock?
The short term momentum for MASIMO CORP (MASI) is positive.
What is the support and resistance level for MASI stock?
MASIMO CORP (MASI) has a support level at 175.36 and a resistance level at 175.38. Check the full technical report for our detailed analysis of MASI support and resistance levels.