Overall MAT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
MAT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.53, a Stop Loss order could be placed below this zone.
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16.69
4 important support areas can be observed.
- A support zone ranging from 19.30 to 19.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.33 to 18.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 17.76 to 17.98. 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 | 82.32 | POSITIVE | MAT has a high relative strength, it outperformed 82.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MAT is below 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) | 54.34 | NEUTRAL | The RSI value for MAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MAT has a negative trend. |
| Stochastics (14,3) | 35.67 | NEUTRAL | The Stochastics value for MAT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for MAT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for MAT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.73 | 19.83 | 0.90 (4.35%) | 23.01% |
| An entry @20.73. This is a Buy Stop order right above the 10 day moving average. | An exit @19.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.90 points, which is 4.35%. | For a 1.00% total portfolio risk, you can invest 23.01% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MAT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.34
-0.18 (-0.88%)
MATTEL INC / MAT FAQ
Can you provide the ChartMill technical rating for MATTEL INC?
ChartMill assigns a technical rating of 9 / 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 54.3438. 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 19.53. Check the full technical report for our detailed analysis of MAT support and resistance levels.