MEDIAALPHA INC-CLASS A (MAX) Stock Technical Analysis
NYSE:MAX • US58450V1044
Overall MAX gets a technical rating of 0 out of 10. MAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% 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 66% are performing better than MAX.
- MAX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month MAX has a been trading in the 7.25 - 11.61 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of MAX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.40
4 important resistance areas can be observed.
- Resistance @10.56 from a horizontal line in the daily time frame.
- Resistance @11.97 from a trend line in the weekly time frame.
- Resistance @12.95 from a horizontal line in the weekly time frame.
- Resistance @13.41 from a horizontal line in the daily time frame.
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 MAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAX is down. |
| ChartMill Relative Strength | 8.38 | NEGATIVE | MAX has a low relative strength, it was outperformed by 91.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.14 | OVERSOLD | The low RSI value suggests MAX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MAX has a negative trend. |
| Stochastics (14,3) | 4.54 | OVERSOLD | The low Stochastics value suggests MAX may be oversold. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for MAX suggests high volalility. |
| Average Directional Index/ADX (14) | 47.65 | POSITIVE | The high ADX value value for MAX suggests a strong trend. |
7.47
-0.2 (-2.61%)
MEDIAALPHA INC-CLASS A / MAX FAQ
Can you provide the ChartMill technical rating for MEDIAALPHA INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to MAX.
What is the current trend direction of MEDIAALPHA INC-CLASS A (MAX) stock?
The current trend direction for MEDIAALPHA INC-CLASS A (MAX) is Bearish.
What is the RSI signal for MEDIAALPHA INC-CLASS A (MAX) stock?
MEDIAALPHA INC-CLASS A (MAX) has an RSI value of 17.1378. This indicates that the stock is currently oversold.
Can you provide the short term momentum for MEDIAALPHA INC-CLASS A?
The short term momentum for MEDIAALPHA INC-CLASS A (MAX) is negative.
What is the support and resistance level for MAX stock?
MEDIAALPHA INC-CLASS A (MAX) has a resistance level at 10.56. Check the full technical report for our detailed analysis of MAX support and resistance levels.