MATIV HOLDINGS INC (MATV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MATV - US8085411069 - Common Stock
Taking everything into account, MATV scores 7 out of 10 in our technical rating. Although MATV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, MATV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.61, a Stop Loss order could be placed below this zone.
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8.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.51 to 11.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.97 from a trend line in the daily time frame.
- Support @8.25 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.29 to 12.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.76 from a horizontal 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 | 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 | 39.3 | NEUTRAL | MATV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MATV is below 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) | UP | POSITIVE | The current price of MATV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.49 | 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. |
| Stochastics (14,3) | 34.49 | NEUTRAL | The Stochastics value for MATV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for MATV suggests high volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for MATV suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 12.46 | 11.51 | 0.95 (7.62%) | 13.12% |
| An entry @12.46. This is a Buy Stop order right above the resistance zone. | An exit @11.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.95 points, which is 7.62%. | When investing 13.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
12.14
-0.04 (-0.33%)
MATIV HOLDINGS INC / MATV FAQ
What is the technical rating for MATV stock?
ChartMill assigns a technical rating of 7 / 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 51.4947. 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 -0.0648167, indicating a bearish trend.
What is the support and resistance level for MATV stock?
MATIV HOLDINGS INC (MATV) has a support level at 11.61 and a resistance level at 12.29. Check the full technical report for our detailed analysis of MATV support and resistance levels.