MASTERBRAND INC (MBC) Stock Technical Analysis
NYSE:MBC • US57638P1049
Taking everything into account, MBC scores 0 out of 10 in our technical rating. MBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 84% of all other stocks performed better in the past year than MBC.
- MBC is one of the lesser performing stocks in the Building Products industry. 73% of 42 stocks in the same industry do better.
- MBC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MBC has a been trading in the 9.95 - 13.96 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- MBC has an average volume of 1888410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MBC is bad and it also does not present a 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
10.02
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.76 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.34 to 13.67. 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 | DOWN | NEGATIVE | The long term trend for MBC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBC is down. |
| ChartMill Relative Strength | 16.78 | NEGATIVE | MBC has a low relative strength, it was outperformed by 83.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.5 | NEUTRAL | The RSI value for MBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MBC has a negative trend. |
| Stochastics (14,3) | 9.46 | OVERSOLD | The low Stochastics value suggests MBC may be oversold. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for MBC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.58 | POSITIVE | The high ADX value value for MBC suggests a strong trend. |
10.12
-0.51 (-4.8%)
MASTERBRAND INC / MBC FAQ
Can you provide the ChartMill technical rating for MASTERBRAND INC?
ChartMill assigns a technical rating of 0 / 10 to MBC.
Can you provide the trend direction for MASTERBRAND INC?
The current trend direction for MASTERBRAND INC (MBC) is Bearish.
What is the RSI signal for MBC stock?
MASTERBRAND INC (MBC) has an RSI value of 31.4988. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MASTERBRAND INC?
The buy/sell signal for MASTERBRAND INC (MBC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for MBC stock?
MASTERBRAND INC (MBC) has a resistance level at 11.76. Check the full technical report for our detailed analysis of MBC support and resistance levels.