MAX Technical Analysis - MEDIAALPHA INC-CLASS A

Technical Rating and Analysis

Overall MAX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MAX is a bad performer.

83% of all other stocks performed better in the past year than MAX.

MAX is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 70% are performing better than MAX.

Both the short term and long term trends are positive. This is a very positive sign.

MAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAX is lagging the market.

In the last month MAX has a been trading in the 10.06 - 13.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MEDIAALPHA INC-CLASS A / MAX Weekly stock chart

MEDIAALPHA INC-CLASS A / MAX Daily stock chart

Setup Rating and Analysis

Although MAX has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

10.24

13.55

We found 3 important support areas.

A support zone ranging from 12.11 to 12.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @10.73 from a horizontal line in the daily time frame.
Support @10.34 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 12.90 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @13.42 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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 MAX is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MAX is up.
ChartMill Relative Strength	17.22	NEGATIVE	MAX has a low relative strength, it was outperformed by 82.78% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MAX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MAX is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of MAX is above the rising SMA(200).
Relative Strength Index/RSI (14)	53.91	NEUTRAL	The RSI value for MAX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests MAX has a negative trend.
Stochastics (14,3)	64.02	NEUTRAL	The Stochastics value for MAX is a neutral value.
Average True Range in percent/ATR (20)	4.56	MEDIUM VOLATILITY	The ATR as a percentage value for MAX suggests some volalility.
Average Directional Index/ADX (14)	41.87	POSITIVE	The high ADX value value for MAX suggests a strong trend.