USA - New York Stock Exchange - NYSE:MATX - US57686G1058 - Common Stock
We assign a technical rating of 8 out of 10 to MATX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MATX is only an average performer.
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.
110.71
We found 1 important support area.
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 | 57.5 | NEUTRAL | MATX is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of MATX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.56 | OVERBOUGHT | The high RSI value suggests MATX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests MATX has a positive trend. |
| Stochastics (14,3) | 85.81 | OVERBOUGHT | The high Stochastics value suggests MATX may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for MATX suggests some volalility. |
| Average Directional Index/ADX (14) | 45.75 | POSITIVE | The high ADX value value for MATX suggests a strong trend. |
123.51
+2.05 (+1.69%)
ChartMill assigns a technical rating of 8 / 10 to MATX.
The current trend direction for MATSON INC (MATX) is Bullish.
MATSON INC (MATX) has an RSI value of 71.5569. This indicates that the stock is currently overbought.
The MACD indicator for MATSON INC (MATX) has a value of 0.824011, indicating a bearish trend.
MATSON INC (MATX) has a support level at 112.72. Check the full technical report for our detailed analysis of MATX support and resistance levels.