MATIV HOLDINGS INC (MATV) Stock Technical Analysis
USA - NYSE:MATV - US8085411069 - Common Stock
Overall MATV gets a technical rating of 5 out of 10. 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.
MATV has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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7.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.02 to 11.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.46 from a trend line in the daily time frame.
- A support zone ranging from 7.81 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @12.58 from a horizontal line in the weekly time frame.
- Resistance @12.85 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 MATV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MATV is neutral. |
| ChartMill Relative Strength | 73.38 | POSITIVE | MATV has a high relative strength, it outperformed 73.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MATV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MATV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MATV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.31 | NEUTRAL | The RSI value for MATV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MATV has a positive trend. |
| Stochastics (14,3) | 62.69 | NEUTRAL | The Stochastics value for MATV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for MATV suggests some volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for MATV suggests a possible start of a new trend. |
12.1
-0.74 (-5.76%)
MATIV HOLDINGS INC / MATV FAQ
What is the technical rating for MATV stock?
ChartMill assigns a technical rating of 5 / 10 to MATV.
What is the trend direction for MATV stock?
The current trend direction for MATIV HOLDINGS INC (MATV) is Bullish.
Can you provide the RSI signal for MATIV HOLDINGS INC?
MATIV HOLDINGS INC (MATV) has an RSI value of 59.3054. This indicates that the stock is currently neutral.
What is the MACD signal for MATV stock?
The MACD indicator for MATIV HOLDINGS INC (MATV) has a value of 0.149942, indicating a bearish trend.
What is the support and resistance level for MATV stock?
MATIV HOLDINGS INC (MATV) has a support level at 11.1 and a resistance level at 12.58. Check the full technical report for our detailed analysis of MATV support and resistance levels.