MATIV HOLDINGS INC (MATV) Stock Technical Analysis
NYSE:MATV - US8085411069 - Common Stock
12.57 USD
+0.25 (+2.03%)
12.57 USD
0 (0%)
Taking everything into account, MATV scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MATV has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MATV is part of the Chemicals industry. There are 83 other stocks in this industry. MATV outperforms 91% of them.
In the last month MATV has a been trading in the 6.27 - 12.89 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MATV is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Although MATV has an excellent technical rating, it 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
6.63
12.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.18 to 12.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.70 to 6.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.58 to 12.58. 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 | UP | POSITIVE | The short term trend for MATV is up. |
| ChartMill Relative Strength | 90.4 | POSITIVE | MATV has a high relative strength, it outperformed 90.4% 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) | UP | POSITIVE | The current price of MATV is above 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) | 80.76 | OVERBOUGHT | The high RSI value suggests MATV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MATV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.97 | OVERBOUGHT | The high Stochastics value suggests MATV may be overbought. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for MATV suggests high volalility. |
| Average Directional Index/ADX (14) | 50.22 | 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)
12.57
+0.25 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.03%
1 Week0.64%
2 Weeks8.55%
1 Month100.8%
3 Month119.75%
6 Month85.95%
12 Month-33.7%
2 Year-23.35%
3 Year-46.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%5.47%
ATR Inc-35.96%
Range Today0.5
ADR(20)0.61
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.4
Mansfield1.63
10 Day High12.89
10 Day Low11.07
20 Day High12.89
20 Day Low6.27
52 Week High19.96
52 Week Low4.34
CS1 End12.24
CR1 Start12.58
Volume & EV
DER(3)2.09%
DER(5)1.84%
Volume753.80K
Volume Incr-18.95%
Vol(5)627.88K
Vol(50)676.32K