We assign a technical rating of 4 out of 10 to MASS. Although MASS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, MASS 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 5.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MASS in the last couple of days, which is a good sign.
5.03
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 MASS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MASS is down. |
| ChartMill Relative Strength | 92.96 | POSITIVE | MASS has a high relative strength, it outperformed 92.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MASS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MASS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MASS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.49 | NEUTRAL | The RSI value for MASS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MASS has a positive trend. |
| Stochastics (14,3) | 37.4 | NEUTRAL | The Stochastics value for MASS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for MASS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for MASS suggests a possible start of a new trend. |
5.4
-0.02 (-0.37%)
ChartMill assigns a technical rating of 4 / 10 to MASS.
The current trend direction for 908 DEVICES INC (MASS) is Bearish.
908 DEVICES INC (MASS) has an RSI value of 41.489. This indicates that the stock is currently neutral.
The buy/sell signal for 908 DEVICES INC (MASS) is sell as both the short term and long term trends are negative.
908 DEVICES INC (MASS) has a support level at 5.13 and a resistance level at 5.41. Check the full technical report for our detailed analysis of MASS support and resistance levels.