MASS Technical Analysis - 908 DEVICES INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to MASS. Both in the recent history as in the last year, MASS has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that MASS is one of the better performing stocks in the market, outperforming 95% of all stocks.

MASS is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 84% of 123 stocks in the same industry.

A new 52 week high is currently being made by MASS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month MASS has a been trading in the 7.30 - 9.34 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

908 DEVICES INC / MASS Weekly stock chart

908 DEVICES INC / MASS Daily stock chart

Setup Rating and Analysis

Although MASS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.52

9.25

When analyzing the support we can see 4 important areas.

Support @8.34 from a trend line in the daily time frame.
Support @7.86 from a horizontal line in the daily time frame.
A support zone ranging from 6.27 to 6.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @5.58 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 9.00 to 9.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for MASS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MASS is up.
ChartMill Relative Strength	95.92	POSITIVE	MASS has a high relative strength, it outperformed 95.92% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MASS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MASS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of MASS is above the rising SMA(200).
Relative Strength Index/RSI (14)	63.27	NEUTRAL	The RSI value for MASS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests MASS has a negative trend, although the MACD value is rising.
Stochastics (14,3)	67.41	NEUTRAL	The Stochastics value for MASS is a neutral value.
Average True Range in percent/ATR (20)	5.89	HIGH VOLATILITY	The high ATR as a percentage value for MASS suggests high volalility.
Average Directional Index/ADX (14)	33.46	POSITIVE	The high ADX value value for MASS suggests a strong trend.