USA - NYSE:MAV - US7237621005
We assign a technical rating of 0 out of 10 to MAV. MAV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MAV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.08, a Stop Loss order could be placed below this zone.
7.61
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for MAV is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAV is down. |
ChartMill Relative Strength | 22.57 | NEGATIVE | MAV has a low relative strength, it was outperformed by 77.43% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAV is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAV is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAV is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.7 | NEUTRAL | The RSI value for MAV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MAV has a positive trend. |
Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for MAV is a neutral value. |
Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for MAV suggests low volalility. |
Average Directional Index/ADX (14) | 42.13 | POSITIVE | The high ADX value value for MAV suggests a strong trend. |
8.08
+0.01 (+0.12%)