MBIA INC (MBI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MBI • US55262C1009
Taking everything into account, MBI scores 0 out of 10 in our technical rating. MBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 78% of all other stocks performed better in the past year than MBI.
- MBI is part of the Insurance industry. There are 147 other stocks in this industry, of which 67% are performing better than MBI.
- MBI 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.
- MBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBI is lagging the market.
MBI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.59. Right above this resistance zone may be a good entry point.
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4.69
3 important support areas can be observed.
- A support zone ranging from 6.50 to 6.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.39 to 6.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.59 to 6.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.46 to 7.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.72 from a horizontal line in the daily time frame.
- Resistance @7.90 from a horizontal line in the daily time frame.
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 MBI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBI is down. |
| ChartMill Relative Strength | 22.08 | NEGATIVE | MBI has a low relative strength, it was outperformed by 77.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.89 | NEUTRAL | The RSI value for MBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MBI has a positive trend. |
| Stochastics (14,3) | 31.5 | NEUTRAL | The Stochastics value for MBI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for MBI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.83 | NEGATIVE | The low ADX value for MBI suggests a weak or negative trend. |
6.58
+0.01 (+0.15%)
MBIA INC / MBI FAQ
What is the technical rating for MBI stock?
ChartMill assigns a technical rating of 0 / 10 to MBI.
Can you provide the trend direction for MBIA INC?
The current trend direction for MBIA INC (MBI) is Bearish.
What is the RSI signal for MBIA INC (MBI) stock?
MBIA INC (MBI) has an RSI value of 44.8917. This indicates that the stock is currently neutral.
What is the short term momentum for MBI stock?
The short term momentum for MBIA INC (MBI) is negative.
What is the buy/sell signal for MBI stock?
The buy/sell signal for MBIA INC (MBI) is sell as both the short term and long term trends are negative.