MASS Technical Analysis - 908 DEVICES INC

Technical Rating and Analysis

Taking everything into account, MASS scores 10 out of 10 in our technical rating. 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.

Looking at the yearly performance, MASS did better than 94% of all other stocks. We also observe that the gains produced by MASS over the past year are nicely spread over this period.

MASS is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 81% of 124 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 5.32 - 8.28 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

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, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.52

8.32

When analyzing the support we can see 2 important areas.

A support zone ranging from 5.80 to 5.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 5.58 to 5.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 8.22 to 8.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	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	94.68	POSITIVE	MASS has a high relative strength, it outperformed 94.68% 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)	78.71	OVERBOUGHT	The high RSI value suggests MASS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.26	POSITIVE	The MACD value suggests MASS has a positive trend.
Stochastics (14,3)	96.67	OVERBOUGHT	The high Stochastics value suggests MASS may be overbought.
Average True Range in percent/ATR (20)	4.56	MEDIUM VOLATILITY	The ATR as a percentage value for MASS suggests some volalility.
Average Directional Index/ADX (14)	28.19	POSITIVE	The high ADX value value for MASS suggests a strong trend.