USA - NYSE:MC - US60786M1053 - Common Stock
Taking everything into account, MC scores 6 out of 10 in our technical rating. In the last year, MC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
MC 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.
49.25
We found 3 important support areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The long term trend for MC is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MC is neutral. |
ChartMill Relative Strength | 66.26 | NEUTRAL | MC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of MC is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.92 | NEUTRAL | The RSI value for MC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests MC has a negative trend. |
Stochastics (14,3) | 37.73 | NEUTRAL | The Stochastics value for MC is a neutral value. |
Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for MC suggests some volalility. |
Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for MC suggests a weak or negative trend. |
71.76
-0.98 (-1.35%)