MATIV HOLDINGS INC (MATV) Stock Technical Analysis
USA - NYSE:MATV - US8085411069 - Common Stock
11.12 USD
-0.03 (-0.27%)
11.12 USD
0 (0%)
Taking everything into account, MATV scores 5 out of 10 in our technical rating. In the last year, MATV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MATV is one of the better performing stocks in the Chemicals industry, it outperforms 76% of 83 stocks in the same industry.
When compared to the yearly performance of all other stocks, MATV outperforms 69% of them, which is more or less in line with the market.
MATV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MATV is lagging the market.
In the last month MATV has a been trading in the 9.68 - 12.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MATV 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.
More info and screens
7.41
12.88
We found 3 important support areas.
- Support @9.93 from a trend line in the daily time frame.
- A support zone ranging from 9.71 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.48 to 7.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @11.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.57 to 12.75. 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 MATV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MATV is neutral. |
| ChartMill Relative Strength | 69.93 | NEUTRAL | MATV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MATV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MATV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MATV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.02 | NEUTRAL | The RSI value for MATV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MATV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.09 | NEUTRAL | The Stochastics value for MATV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MATV suggests some volalility. |
| Average Directional Index/ADX (14) | 29.18 | POSITIVE | The high ADX value value for MATV suggests a strong 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)
11.12
-0.03 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.27%
1 Week4.12%
2 Weeks-1.51%
1 Month-9.89%
3 Month53.38%
6 Month141.74%
12 Month-33.01%
2 Year-15.11%
3 Year-53.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%4.52%
ATR Inc69.58%
Range Today0.3
ADR(20)0.49
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.93
Mansfield1.14
10 Day High11.55
10 Day Low9.68
20 Day High12.84
20 Day Low9.68
52 Week High17.47
52 Week Low4.34
CS1 End9.93
CR1 Start11.71
Volume & EV
DER(3)-0.37%
DER(5)-2.05%
Volume431.70K
Volume Incr-7.11%
Vol(5)432.36K
Vol(50)619.03K