We assign a technical rating of 7 out of 10 to MBAV. Although MBAV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although MBAV 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.
More info and screens
10.40
When analyzing the support we notice one important area.
- A support zone ranging from 10.50 to 10.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.92 to 11.06. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for MBAV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MBAV is up. |
| ChartMill Relative Strength | 61.2 | NEUTRAL | MBAV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBAV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBAV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBAV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.68 | OVERBOUGHT | The high RSI value suggests MBAV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MBAV has a positive trend. |
| Stochastics (14,3) | 49.75 | NEUTRAL | The Stochastics value for MBAV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for MBAV suggests low volalility. |
| Average Directional Index/ADX (14) | 39.35 | POSITIVE | The high ADX value value for MBAV suggests a strong trend. |
10.91
+0.14 (+1.3%)
M3-BRIGADE ACQUISITION V-A / MBAV FAQ
What is the technical rating for MBAV stock?
ChartMill assigns a technical rating of 7 / 10 to MBAV.
Can you provide the trend direction for M3-BRIGADE ACQUISITION V-A?
The current trend direction for M3-BRIGADE ACQUISITION V-A (MBAV) is Bullish.
What is the RSI signal for MBAV stock?
M3-BRIGADE ACQUISITION V-A (MBAV) has an RSI value of 71.6752. This indicates that the stock is currently overbought.
What is the MACD signal for M3-BRIGADE ACQUISITION V-A (MBAV) stock?
The MACD indicator for M3-BRIGADE ACQUISITION V-A (MBAV) has a value of 0.019387, indicating a bearish trend.
Can you provide the short term momentum for M3-BRIGADE ACQUISITION V-A?
The short term momentum for M3-BRIGADE ACQUISITION V-A (MBAV) is positive.