MASTERCRAFT BOAT HOLDINGS IN (MCFT) Technical Analysis
NASDAQ:MCFT • US57637H1032
Current stock price
MCFT Technical Rating and Analysis
Overall MCFT gets a technical rating of 5 out of 10. In the last year, MCFT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- MCFT is part of the Leisure Products industry. There are 31 other stocks in this industry. MCFT outperforms 76% of them.
- In the last month MCFT has a been trading in the 19.38 - 22.50 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, MCFT turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- MCFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCFT is lagging the market.
MCFT Weekly and Daily overview Charts
MCFT Setup Rating and Analysis
MCFT has an average technical rating and the quality of the presented setup is also not ideal 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
MCFT Support and Resistance Analysis
18.71
We found 4 important support areas.
- A support zone ranging from 20.96 to 21.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.16 from a trend line in the daily time frame.
- A support zone ranging from 19.38 to 19.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.90 from a horizontal line in the daily time frame.
MCFT 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 MCFT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCFT is up. |
| ChartMill Relative Strength | 69.61 | NEUTRAL | MCFT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCFT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MCFT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCFT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.95 | NEUTRAL | The RSI value for MCFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MCFT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.2 | OVERBOUGHT | The high Stochastics value suggests MCFT may be overbought. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for MCFT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for MCFT suggests a weak or negative trend. |
MCFT Chart- and CandleStick Pattern Analysis
MCFT Technicals: Chart, Performance Metrics, Trend & Indicators
21.96
-0.49 (-2.18%)
MASTERCRAFT BOAT HOLDINGS IN / MCFT TA FAQ
What is the technical rating for MCFT stock?
ChartMill assigns a technical rating of 5 / 10 to MCFT.
What is the trend direction for MCFT stock?
The current trend direction for MASTERCRAFT BOAT HOLDINGS IN (MCFT) is Bearish.
What is the RSI signal for MCFT stock?
MASTERCRAFT BOAT HOLDINGS IN (MCFT) has an RSI value of 58.9456. This indicates that the stock is currently neutral.
What is the MACD signal for MCFT stock?
The MACD indicator for MASTERCRAFT BOAT HOLDINGS IN (MCFT) has a value of 0.231468, indicating a bearish trend.
Can you provide the support and resistance levels for MASTERCRAFT BOAT HOLDINGS IN?
MASTERCRAFT BOAT HOLDINGS IN (MCFT) has a support level at 21.2. Check the full technical report for our detailed analysis of MCFT support and resistance levels.