MASTERBEEF GROUP (MB) Stock Technical Analysis
NASDAQ:MB • KYG6001H1011
Taking everything into account, MB scores 0 out of 10 in our technical rating. MB 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.
- When comparing the yearly performance of all stocks, MB is a bad performer in the overall market: 100% of all stocks are doing better.
- MB is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 92% are performing better than MB.
- In the last month MB has a been trading in the 3.56 - 9.06 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
MB has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.16
We found 1 important support area.
- Support @4.20 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.17 to 5.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.92 from a trend line in the daily time frame.
- A resistance zone ranging from 6.19 to 6.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MB is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MB is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.37 | NEUTRAL | The RSI value for MB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MB has a positive trend. |
| Stochastics (14,3) | 23.42 | NEUTRAL | The Stochastics value for MB is a neutral value. |
| Average True Range in percent/ATR (20) | 21.04 | HIGH VOLATILITY | The high ATR as a percentage value for MB suggests high volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for MB suggests a strong trend. |
4.8901
+0.01 (+0.21%)
MASTERBEEF GROUP / MB FAQ
What is the technical rating for MB stock?
ChartMill assigns a technical rating of 0 / 10 to MB.
What is the current trend direction of MASTERBEEF GROUP (MB) stock?
The current trend direction for MASTERBEEF GROUP (MB) is Bearish.
Can you provide the RSI signal for MASTERBEEF GROUP?
MASTERBEEF GROUP (MB) has an RSI value of 42.373. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MASTERBEEF GROUP?
The MACD indicator for MASTERBEEF GROUP (MB) has a value of 0.0589202, indicating a bearish trend.
What is the short term momentum for MASTERBEEF GROUP (MB) stock?
The short term momentum for MASTERBEEF GROUP (MB) is negative.