MATSON INC (MATX) Technical Analysis
NYSE:MATX • US57686G1058
Current stock price
MATX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to MATX. Both in the recent history as in the last year, MATX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MATX is one of the better performing stocks in the market, outperforming 89% of all stocks.
- MATX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MATX is leading the market.
- In the last month MATX has a been trading in the 143.64 - 176.93 range, which is quite wide. It is currently trading near the high of this range.
- MATX is an average performer in the Marine Transportation industry, it outperforms 58% of 35 stocks in the same industry.
MATX Weekly and Daily overview Charts
MATX Setup Rating and Analysis
Although MATX has an excellent technical rating, it does not present a decent entry opportunity 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
MATX Support and Resistance Analysis
147.74
We found 2 important support areas.
- A support zone ranging from 160.79 to 162.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 149.23 to 149.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
MATX Technical Indicator Signal Analysis
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 MATX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MATX is up. |
| ChartMill Relative Strength | 89.26 | POSITIVE | MATX has a high relative strength, it outperformed 89.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MATX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MATX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MATX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.02 | NEUTRAL | The RSI value for MATX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.35 | POSITIVE | The MACD value suggests MATX has a positive trend. |
| Stochastics (14,3) | 85.16 | OVERBOUGHT | The high Stochastics value suggests MATX may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MATX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for MATX suggests a weak or negative trend. |
MATX Chart- and CandleStick Pattern Analysis
MATX Technicals: Chart, Performance Metrics, Trend & Indicators
172.1
-0.39 (-0.23%)
MATSON INC / MATX TA FAQ
What is the ChartMill technical rating of MATSON INC (MATX) stock?
ChartMill assigns a technical rating of 10 / 10 to MATX.
What is the trend direction for MATX stock?
The current trend direction for MATSON INC (MATX) is Bullish.
Can you provide the RSI signal for MATSON INC?
MATSON INC (MATX) has an RSI value of 65.0176. This indicates that the stock is currently neutral.
What is the MACD signal for MATSON INC (MATX) stock?
The MACD indicator for MATSON INC (MATX) has a value of 1.34573, indicating a bullish trend.
What is the short term momentum for MATSON INC (MATX) stock?
The short term momentum for MATSON INC (MATX) is positive.