MATTEL INC (MAT) Technical Analysis
NASDAQ:MAT • US5770811025
Current stock price
MAT Technical Rating and Analysis
Taking everything into account, MAT scores 1 out of 10 in our technical rating. MAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 84% of all other stocks performed better in the past year than MAT.
- MAT is one of the lesser performing stocks in the Leisure Products industry. 60% of 31 stocks in the same industry do better.
- MAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- MAT has an average volume of 6243010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MAT has a been trading in the 14.10 - 15.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MAT Weekly and Daily overview Charts
MAT Setup Rating and Analysis
Although the technical rating is bad, MAT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.00, a Stop Loss order could be placed below this zone.
More info and screens
MAT Support and Resistance Analysis
14.01
We found 2 important support areas.
- A support zone ranging from 14.66 to 15.00. 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 14.15 to 14.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.20 to 15.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.94 from a horizontal line in the weekly time frame.
MAT 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 | DOWN | NEGATIVE | The long term trend for MAT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAT is neutral. |
| ChartMill Relative Strength | 16.19 | NEGATIVE | MAT has a low relative strength, it was outperformed by 83.81% 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) | DOWN | NEGATIVE | The current price of MAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | 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) | 61.87 | NEUTRAL | The Stochastics value for MAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for MAT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.92 | POSITIVE | The high ADX value value for MAT suggests a strong trend. |
MAT Chart- and CandleStick Pattern Analysis
MAT Technicals: Chart, Performance Metrics, Trend & Indicators
15.15
+0.27 (+1.81%)
MATTEL INC / MAT TA FAQ
Can you provide the ChartMill technical rating for MATTEL INC?
ChartMill assigns a technical rating of 1 / 10 to MAT.
Can you provide the trend direction for MATTEL INC?
The current trend direction for MATTEL INC (MAT) is Bearish.
What is the RSI signal for MAT stock?
MATTEL INC (MAT) has an RSI value of 50.6155. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MATTEL INC?
The short term momentum for MATTEL INC (MAT) is neutral.