MAT Technical Analysis - MATTEL INC

Technical Rating and Analysis

Taking everything into account, MAT scores 4 out of 10 in our technical rating. In the past year, MAT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

78% of all other stocks performed better in the past year than MAT.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

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

MAT has an average volume of 3524990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

MAT is part of the Leisure Products industry. There are 33 other stocks in this industry, MAT did better than 59% of them.

MAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAT is lagging the market.

In the last month MAT has a been trading in the 16.56 - 19.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

MAT has an average technical rating and it also does not offer a high quality setup 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

16.49

20.76

We found 2 important support areas.

A support zone ranging from 17.39 to 17.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 16.66 to 16.89. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

Resistance @18.68 from a horizontal line in the daily time frame.
A resistance zone ranging from 19.36 to 19.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 20.12 to 20.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for MAT is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MAT is up.
ChartMill Relative Strength	22.48	NEGATIVE	MAT has a low relative strength, it was outperformed by 77.52% 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)	UP	MIXED	The current price of MAT is below the rising SMA(200).
Relative Strength Index/RSI (14)	62.94	NEUTRAL	The RSI value for MAT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.17	POSITIVE	The MACD value suggests MAT has a positive trend.
Stochastics (14,3)	62.26	NEUTRAL	The Stochastics value for MAT is a neutral value.
Average True Range in percent/ATR (20)	2.5	MEDIUM VOLATILITY	The ATR as a percentage value for MAT suggests some volalility.
Average Directional Index/ADX (14)	26.77	POSITIVE	The high ADX value value for MAT suggests a strong trend.