MB Technical Analysis - MASTERBEEF GROUP

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to MB. MB was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

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 one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 90% of 134 stocks in the same industry do better.

In the last month MB has a been trading in the 9.00 - 13.00 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MASTERBEEF GROUP / MB Weekly stock chart

Setup Rating and Analysis

MB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MB in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.15

10.34

When analyzing the support we notice one important area.

A support zone ranging from 9.24 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 10.14 to 10.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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 MB is up.
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)	49.09	NEUTRAL	The RSI value for MB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests MB has a negative trend, although the MACD value is rising.
Stochastics (14,3)	18.13	OVERSOLD	The low Stochastics value suggests MB may be oversold.
Average True Range in percent/ATR (20)	11.91	HIGH VOLATILITY	The high ATR as a percentage value for MB suggests high volalility.
Average Directional Index/ADX (14)	16.24	NEGATIVE	The low ADX value for MB suggests a weak or negative trend.