MATTEL INC (MAT) Stock Technical Analysis
NASDAQ:MAT - Nasdaq - US5770811025 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MAT. MAT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month MAT has a been trading in the 18.25 - 20.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MAT has an average volume of 4304440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MAT outperforms 45% of them, which is more or less in line with the market.
MAT is an average performer in the Leisure Products industry, it outperforms 62% of 30 stocks in the same industry.
MAT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MAT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MAT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.80, a Stop Loss order could be placed below this zone.
More info and screens
18.26
22.54
When analyzing the support we notice one important area.
- A support zone ranging from 18.44 to 18.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.39 to 19.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.10 to 20.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.32 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for MAT is neutral. |
| ChartMill Relative Strength | 45.86 | NEUTRAL | MAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAT is below a declining 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) | 51.09 | NEUTRAL | The RSI value for MAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MAT has a negative trend. |
| Stochastics (14,3) | 54.89 | NEUTRAL | The Stochastics value for MAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for MAT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for MAT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
18.85
-0.48 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.48%
1 Week-2.28%
2 Weeks0.59%
1 Month-5.75%
3 Month-4.8%
6 Month5.54%
12 Month5.78%
2 Year-3.53%
3 Year-15.58%
5 Year94.93%
10 Year-26.63%
15 Year-10.92%
Volatility
ATR(14)0.48
ATR(20)%2.55%
ATR Inc26.22%
Range Today0.54
ADR(20)0.45
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.86
Mansfield-0.29
10 Day High19.6
10 Day Low18.51
20 Day High20.15
20 Day Low18.26
52 Week High22.07
52 Week Low13.95
CS1 End18.8
CR1 Start19.39
Volume & EV
DER(3)1.61%
DER(5)2.46%
Volume2.94M
Volume Incr-34.25%
Vol(5)2.20M
Vol(50)4.30M