NASDAQ:MCEP - Nasdaq -
Taking everything into account, MCEP scores 6 out of 10 in our technical rating. MCEP has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
MCEP 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.
3.50
We found 1 important support area.
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 MCEP is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCEP is up. |
ChartMill Relative Strength | 76.34 | POSITIVE | MCEP has a high relative strength, it outperformed 76.34% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCEP is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCEP is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MCEP is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 70.12 | OVERBOUGHT | The high RSI value suggests MCEP may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MCEP has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 85.58 | OVERBOUGHT | The high Stochastics value suggests MCEP may be overbought. |
Average True Range in percent/ATR (20) | 7.76 | HIGH VOLATILITY | The high ATR as a percentage value for MCEP suggests high volalility. |
5.52
-0.22 (-3.83%)