We assign a technical rating of 8 out of 10 to MCFE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCFE is showing a nice and steady performance.
MCFE has an excellent technical rating, but the quality of the setup is only medium 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.
24.05
2 important support areas can be observed.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The long term trend for MCFE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCFE is up. |
| ChartMill Relative Strength | 88.47 | POSITIVE | MCFE has a high relative strength, it outperformed 88.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCFE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCFE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCFE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.96 | NEUTRAL | The RSI value for MCFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCFE has a positive trend. |
| Stochastics (14,3) | 93.17 | OVERBOUGHT | The high Stochastics value suggests MCFE may be overbought. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for MCFE suggests low volalility. |
25.99
-0.01 (-0.04%)
ChartMill assigns a technical rating of 7 / 10 to MCFE.
The current trend direction for MCAFEE CORP - CLASS A (MCFE) is Bullish.
MCAFEE CORP - CLASS A (MCFE) has an RSI value of 69.9597. This indicates that the stock is currently neutral.
The MACD indicator for MCAFEE CORP - CLASS A (MCFE) has a value of 0.0115986, indicating a bearish trend.
MCAFEE CORP - CLASS A (MCFE) has a support level at 25.98 and a resistance level at 26.01. Check the full technical report for our detailed analysis of MCFE support and resistance levels.