METALPHA TECHNOLOGY HOLDING (MATH) Stock Technical Analysis
NASDAQ:MATH - Nasdaq - KYG283651076 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to MATH. Both in the recent history as in the last year, MATH has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month MATH has a been trading in the 3.03 - 3.97 range, which is quite wide. It is currently trading near the lows of this range.
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!
Looking at the yearly performance, MATH did better than 97% of all other stocks. We also observe that the gains produced by MATH over the past year are nicely spread over this period.
MATH is part of the Consumer Finance industry. There are 53 other stocks in this industry. MATH outperforms 90% of them.
MATH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MATH is lagging the market slightly.
Besides having an excellent technical rating, MATH also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MATH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.99
3.93
We found 3 important support areas.
- A support zone ranging from 2.95 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.05 from a trend line in the weekly time frame.
- Support @2.01 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.63 from a trend line in the daily time frame.
- Resistance @3.89 from a horizontal line in the daily 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 MATH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MATH is neutral. |
| ChartMill Relative Strength | 97.68 | POSITIVE | MATH has a high relative strength, it outperformed 97.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MATH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MATH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MATH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for MATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MATH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.65 | NEUTRAL | The Stochastics value for MATH is a neutral value. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for MATH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for MATH suggests a weak or negative 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)
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 |
|---|---|---|---|
| 3.64 | 3.02 | 0.62 (17.03%) | 5.87% |
| An entry @3.64. This is a Buy Stop order right above the resistance zone. | An exit @3.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.62 points, which is 17.03%. | For a 1.00% total portfolio risk, you can invest 5.87% of your capital in this trade. |
- 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.
3.47
+0.29 (+9.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg9.12%
1 Week-1.42%
2 Weeks1.76%
1 Month8.44%
3 Month73.5%
6 Month128.29%
12 Month182.11%
2 Year147.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%10.64%
ATR Inc24.86%
Range Today0.47
ADR(20)0.37
ADR(20)%10.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.68
Mansfield7.31
10 Day High3.8
10 Day Low3.03
20 Day High3.97
20 Day Low3.03
52 Week High4.17
52 Week Low0.8
CS1 End2.95
CR1 Start3.63
Volume & EV
DER(3)3.07%
DER(5)6.42%
Volume219.50K
Volume Incr49.48%
Vol(5)218.52K
Vol(50)234.32K