MATIV HOLDINGS INC (MATV) Technical Analysis
NYSE:MATV • US8085411069
Taking everything into account, MATV scores 1 out of 10 in our technical rating. MATV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month MATV has a been trading in the 8.87 - 15.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, MATV did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- MATV is an average performer in the Chemicals industry, it outperforms 58% of 83 stocks in the same industry.
- MATV 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 MATV is lagging the market slightly.
The technical rating of MATV is bad and it also does not present a 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
9.04
We found 1 important resistance area.
- Resistance @14.56 from a trend 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 | DOWN | NEGATIVE | The long term trend for MATV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MATV is down. |
| ChartMill Relative Strength | 73.58 | POSITIVE | MATV has a high relative strength, it outperformed 73.58% off all stocks 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) | DOWN | NEGATIVE | The current price of MATV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MATV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 24.86 | OVERSOLD | The low RSI value suggests MATV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MATV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.47 | OVERSOLD | The low Stochastics value suggests MATV may be oversold. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for MATV suggests high volalility. |
| Average Directional Index/ADX (14) | 40.11 | POSITIVE | The high ADX value value for MATV suggests a strong trend. |
MATV Technicals: Chart, Performance Metrics, Trend & Indicators
9.13
-0.02 (-0.22%)
MATIV HOLDINGS INC / MATV FAQ
What is the technical rating for MATV stock?
ChartMill assigns a technical rating of 1 / 10 to MATV.
Can you provide the trend direction for MATIV HOLDINGS INC?
The current trend direction for MATIV HOLDINGS INC (MATV) is Bearish.
What is the RSI signal for MATIV HOLDINGS INC (MATV) stock?
MATIV HOLDINGS INC (MATV) has an RSI value of 24.8628. This indicates that the stock is currently oversold.
Can you provide the MACD signal for MATIV HOLDINGS INC?
The MACD indicator for MATIV HOLDINGS INC (MATV) has a value of -0.211509, indicating a bearish trend.
Can you provide the support and resistance levels for MATIV HOLDINGS INC?
MATIV HOLDINGS INC (MATV) has a resistance level at 14.56. Check the full technical report for our detailed analysis of MATV support and resistance levels.