M3-BRIGADE ACQUISITION V-A (MBAV) Stock Technical Analysis
NASDAQ:MBAV - Nasdaq - KYG632121078 - Common Stock - Currency: USD
Overall MBAV gets a technical rating of 5 out of 10. MBAV 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, MBAV is a bad performer in the overall market: 100% of all stocks are doing better.
MBAV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MBAV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.24, a Stop Loss order could be placed below this zone.
More info and screens
9.92
11.91
2 important support areas can be observed.
- A support zone ranging from 11.04 to 11.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.62 to 11.79. 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 | UP | POSITIVE | The long term trend for MBAV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBAV is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MBAV 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 MBAV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBAV is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.22 | NEUTRAL | The RSI value for MBAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests MBAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.79 | NEUTRAL | The Stochastics value for MBAV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for MBAV suggests some volalility. |
| Average Directional Index/ADX (14) | 49.64 | POSITIVE | The high ADX value value for MBAV 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)
11.61
+0.11 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.96%
1 Week3.2%
2 Weeks-8.22%
1 Month-1.28%
3 Month13.27%
6 Month15.35%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.73%
ATR Inc-61.3%
Range Today0.16
ADR(20)0.42
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.73
10 Day Low10.83
20 Day High13.73
20 Day Low10.83
52 Week HighN/A
52 Week LowN/A
CS1 End11.24
CR1 Start11.27
Volume & EV
DER(3)1.26%
DER(5)-0.34%
Volume133.00K
Volume Incr-64.13%
Vol(5)212.50K
Vol(50)430.96K