MOUNTAIN CREST ACQ CORP IV (MCAF) Technical Analysis
NASDAQ:MCAF • US62403K1088
Current stock price
14.85 USD
+1.36 (+10.08%)
At close:
6 USD
-8.85 (-59.6%)
Pre-Market:
MCAF Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to MCAF. MCAF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: MCAF has an average volume of 16972 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, MCAF did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- MCAF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MCAF is lagging the market slightly.
- In the last month MCAF has a been trading in the 10.68 - 19.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCAF Weekly and Daily overview Charts
MCAF Setup Rating and Analysis
MCAF 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
MCAF Support and Resistance Analysis
11.25
15.01
We found 2 important support areas.
- A support zone ranging from 12.62 to 12.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.36 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.86 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MCAF Technical Indicator Signal Analysis
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 MCAF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCAF is neutral. |
| ChartMill Relative Strength | 93.07 | POSITIVE | MCAF has a high relative strength, it outperformed 93.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCAF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MCAF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCAF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.57 | NEUTRAL | The RSI value for MCAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MCAF has a positive trend. |
| Stochastics (14,3) | 32.58 | NEUTRAL | The Stochastics value for MCAF is a neutral value. |
| Average True Range in percent/ATR (20) | 10.95 | HIGH VOLATILITY | The high ATR as a percentage value for MCAF suggests high volalility. |
| Average Directional Index/ADX (14) | 18.6 | NEGATIVE | The low ADX value for MCAF suggests a weak or negative trend. |
MCAF Chart- and CandleStick Pattern Analysis
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)
MCAF Technicals: Chart, Performance Metrics, Trend & Indicators
14.85
+1.36 (+10.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.08%
1 Week20.73%
2 Weeks13.36%
1 Month10.45%
3 Month63.37%
6 Month36.99%
12 Month43.62%
2 Year49.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%10.95%
ATR Inc250.73%
Range Today1.49
ADR(20)1.17
ADR(20)%7.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.07
3 months CRSN/A
6 months CRSN/A
Mansfield1.33
10 Day High19.4
10 Day Low11.19
20 Day High19.4
20 Day Low10.68
52 Week High31.26
52 Week Low5.59
CS1 End12.94
CR1 Start14.86
Volume & EV
DER(3)-5.47%
DER(5)-14.54%
Volume1.50K
Volume Incr95.87%
Vol(5)3.32K
Vol(50)16.97K
MOUNTAIN CREST ACQ CORP IV / MCAF TA FAQ
Can you provide the ChartMill technical rating for MOUNTAIN CREST ACQ CORP IV?
ChartMill assigns a technical rating of 6 / 10 to MCAF.
What is the current trend direction of MOUNTAIN CREST ACQ CORP IV (MCAF) stock?
The current trend direction for MOUNTAIN CREST ACQ CORP IV (MCAF) is Bearish.
Can you provide the RSI signal for MOUNTAIN CREST ACQ CORP IV?
MOUNTAIN CREST ACQ CORP IV (MCAF) has an RSI value of 56.5685. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOUNTAIN CREST ACQ CORP IV?
The MACD indicator for MOUNTAIN CREST ACQ CORP IV (MCAF) has a value of 0.207708, indicating a bearish trend.