MASTERBRAND INC (MBC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MBC • US57638P1049
We assign a technical rating of 6 out of 10 to MBC. MBC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 69% of all other stocks performed better in the past year than MBC.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MBC has a been trading in the 10.91 - 13.31 range, which is quite wide. It is currently trading near the high of this range.
- MBC has an average volume of 1468760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MBC is an average performer in the Building Products industry, it outperforms 46% of 42 stocks in the same industry.
- MBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBC is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MBC has an average technical rating and it also 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
10.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.90 to 12.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.01 from a horizontal line in the daily time frame.
- Support @10.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.99 to 13.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 13.68 to 13.74. 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 | NEUTRAL | NEUTRAL | The long term trend for MBC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MBC is up. |
| ChartMill Relative Strength | 31.23 | NEUTRAL | MBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for MBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.86 | NEUTRAL | The Stochastics value for MBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for MBC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for MBC suggests a weak or negative trend. |
12.99
+0.5 (+4%)
MASTERBRAND INC / MBC FAQ
Can you provide the ChartMill technical rating for MASTERBRAND INC?
ChartMill assigns a technical rating of 6 / 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 63.0798. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MASTERBRAND INC?
MASTERBRAND INC (MBC) has a support level at 12.12 and a resistance level at 12.99. Check the full technical report for our detailed analysis of MBC support and resistance levels.