MEDIAALPHA INC-CLASS A (MAX) Stock Technical Analysis
NYSE:MAX - New York Stock Exchange, Inc. - US58450V1044 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MAX. Recently some decent action could be observed, but in the medium term time frame this is still negative. MAX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MAX is a bad performer in the overall market: 86% of all stocks are doing better.
MAX is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 66% are performing better than MAX.
MAX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MAX is lagging the market.
MAX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MAX has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
9.63
16.08
We found 1 important support area.
- A support zone ranging from 9.73 to 10.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @10.10 from a trend line in the daily time frame.
- A resistance zone ranging from 10.27 to 10.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.97 from a horizontal line in the daily time frame.
- Resistance @15.92 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for MAX is up. |
| ChartMill Relative Strength | 14.59 | NEGATIVE | MAX has a low relative strength, it was outperformed by 85.41% 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) | DOWN | NEGATIVE | The current price of MAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for MAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MAX has a negative trend. |
| Stochastics (14,3) | 47.51 | NEUTRAL | The Stochastics value for MAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for MAX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.72 | POSITIVE | The high ADX value value for MAX suggests a strong trend. |
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)
10.02
-0.14 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.38%
1 Week-3.84%
2 Weeks0%
1 Month19.14%
3 Month-12.18%
6 Month-21.29%
12 Month-45.13%
2 Year13.61%
3 Year-0.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%4.62%
ATR Inc-12.31%
Range Today0.12
ADR(20)0.41
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.59
Mansfield-2.56
10 Day High10.75
10 Day Low9.79
20 Day High10.79
20 Day Low8.28
52 Week High20.91
52 Week Low7.33
CS1 End10.01
CR1 Start10.1
Volume & EV
DER(3)5.32%
DER(5)3.95%
Volume311.40K
Volume Incr-38.15%
Vol(5)373.86K
Vol(50)585.45K