MBIA INC (MBI) Stock Technical Analysis
NYSE:MBI - New York Stock Exchange, Inc. - US55262C1009 - Common Stock - Currency: USD
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MBI is a bad performer in the overall market: 83% of all stocks are doing better.
MBI is one of the lesser performing stocks in the Insurance industry. 87% of 142 stocks in the same industry do better.
MBI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MBI is lagging the market.
In the last month MBI has a been trading in the 4.11 - 5.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MBI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for MBI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.87
5.39
When analyzing the support we can see 3 important areas.
- Support @4.33 from a trend line in the daily time frame.
- A support zone ranging from 4.07 to 4.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.91 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.43 to 4.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.63 from a trend line in the daily time frame.
- A resistance zone ranging from 4.84 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.34 from a trend line in the weekly 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 | 17.77 | NEGATIVE | MBI has a low relative strength, it was outperformed by 82.23% 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 | MIXED | The current price of MBI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.62 | NEUTRAL | The RSI value for MBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.85 | NEUTRAL | The Stochastics value for MBI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for MBI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for MBI suggests a weak or negative 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)
4.4
-0.13 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.87%
1 Week-3.3%
2 Weeks3.29%
1 Month-5.17%
3 Month-16.67%
6 Month-34.72%
12 Month-18.52%
2 Year-49.07%
3 Year-64.37%
5 Year-39.31%
10 Year-26.79%
15 Year-21.57%
Volatility
ATR(14)0.22
ATR(20)%6.11%
ATR Inc-33.85%
Range Today0.17
ADR(20)0.25
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.77
Mansfield-1.58
10 Day High4.57
10 Day Low4.13
20 Day High5
20 Day Low4.11
52 Week High7.46
52 Week Low3.22
CS1 End4.33
CR1 Start4.43
Volume & EV
DER(3)12.1%
DER(5)7.63%
Volume264.40K
Volume Incr-18.32%
Vol(5)222.26K
Vol(50)307.83K