MATSON INC (MATX) Technical Analysis
NYSE:MATX • US57686G1058
Current stock price
158.16 USD
+2.07 (+1.33%)
At close:
154.01 USD
-4.15 (-2.62%)
Pre-Market:
MATX Technical Rating and Analysis
Overall MATX gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MATX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MATX is performing more or less in line with the market.
- Looking at the yearly performance, MATX did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- MATX is an average performer in the Marine Transportation industry, it outperforms 52% of 35 stocks in the same industry.
- In the last month MATX has a been trading in the 143.64 - 177.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MATX Weekly and Daily overview Charts
MATX Setup Rating and Analysis
Although the technical rating is only medium, MATX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
MATX Support and Resistance Analysis
147.74
172.96
2 important support areas can be observed.
- A support zone ranging from 152.39 to 153.68. 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 149.23 to 149.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 165.64 to 167.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @171.25 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for MATX is neutral. |
| ChartMill Relative Strength | 85.12 | POSITIVE | MATX has a high relative strength, it outperformed 85.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MATX is below a declining 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) | 51.06 | NEUTRAL | The RSI value for MATX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests MATX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.06 | NEUTRAL | The Stochastics value for MATX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for MATX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.71 | POSITIVE | The high ADX value value for MATX suggests a strong trend. |
MATX Chart- and CandleStick Pattern Analysis
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)
MATX Technicals: Chart, Performance Metrics, Trend & Indicators
158.16
+2.07 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.33%
1 Week5.98%
2 Weeks-0.37%
1 Month-3.94%
3 Month26.85%
6 Month52.43%
12 Month22.39%
2 Year40.71%
3 Year165.06%
5 Year137.12%
10 Year293.73%
15 YearN/A
Volatility
ATR(14)6.26
ATR(20)%3.96%
ATR Inc-11.15%
Range Today5.56
ADR(20)5.79
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.12
3 months CRS93.59
6 months CRS94.94
Mansfield2.94
10 Day High159.2
10 Day Low143.64
20 Day High177.51
20 Day Low143.64
52 Week High177.51
52 Week Low86.97
CS1 End153.68
CR1 Start165.64
Volume & EV
DER(3)-1.63%
DER(5)-2.88%
Volume302.50K
Volume Incr-7.43%
Vol(5)302.50K
Vol(50)317.62K
MATSON INC / MATX TA FAQ
What is the ChartMill technical rating of MATSON INC (MATX) stock?
ChartMill assigns a technical rating of 6 / 10 to MATX.
What is the trend direction for MATX stock?
The current trend direction for MATSON INC (MATX) is Bullish.
What is the RSI signal for MATSON INC (MATX) stock?
MATSON INC (MATX) has an RSI value of 51.0592. This indicates that the stock is currently neutral.
What is the short term momentum for MATX stock?
The short term momentum for MATSON INC (MATX) is neutral.