MASTERBRAND INC (MBC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MBC • US57638P1049
We assign a technical rating of 5 out of 10 to MBC. In the past year, MBC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, MBC is a bad performer in the overall market: 65% of all stocks are doing better.
- MBC is one of the lesser performing stocks in the Building Products industry. 60% of 42 stocks in the same industry do better.
- 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 11.17 - 13.40 range, which is quite wide. It is currently trading near the high of this range.
- MBC has an average volume of 1469570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 the quality of the presented setup is also not ideal 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 4 important areas.
- A support zone ranging from 12.11 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.77 to 11.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 one important area.
- 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 | 35.22 | 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) | 63.22 | NEUTRAL | The RSI value for MBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MBC has a positive trend. |
| Stochastics (14,3) | 85.99 | OVERBOUGHT | The high Stochastics value suggests MBC may be overbought. |
| 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) | 20.47 | NEUTRAL | The ADX value for MBC suggests a possible start of a new trend. |
13.13
-0.15 (-1.13%)
MASTERBRAND INC / MBC FAQ
Can you provide the ChartMill technical rating for MASTERBRAND INC?
ChartMill assigns a technical rating of 5 / 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 63.218. 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 12.23 and a resistance level at 13.68. Check the full technical report for our detailed analysis of MBC support and resistance levels.