We assign a technical rating of 8 out of 10 to MAT. Although MAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although MAT has an excellent technical rating, it does not present a decent entry opportunity 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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16.69
We found 4 important support areas.
- A support zone ranging from 18.91 to 19.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.38 to 18.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.55 to 17.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.86 to 16.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAT is up. |
| ChartMill Relative Strength | 75.5 | POSITIVE | MAT has a high relative strength, it outperformed 75.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.79 | NEUTRAL | The RSI value for MAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.03 | OVERBOUGHT | The high Stochastics value suggests MAT may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for MAT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for MAT suggests a possible start of a new trend. |
20.96
-0.16 (-0.76%)
MATTEL INC / MAT FAQ
Can you provide the ChartMill technical rating for MATTEL INC?
ChartMill assigns a technical rating of 8 / 10 to MAT.
What is the trend direction for MAT stock?
The current trend direction for MATTEL INC (MAT) is Bullish.
Can you provide the RSI signal for MATTEL INC?
MATTEL INC (MAT) has an RSI value of 67.7902. This indicates that the stock is currently neutral.
What is the buy/sell signal for MATTEL INC (MAT) stock?
The buy/sell signal for MATTEL INC (MAT) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for MATTEL INC?
MATTEL INC (MAT) has a support level at 19.45. Check the full technical report for our detailed analysis of MAT support and resistance levels.