MASTERCRAFT BOAT HOLDINGS IN (MCFT) Technical Analysis
NASDAQ:MCFT • US57637H1032
Current stock price
MCFT Technical Rating and Analysis
Taking everything into account, MCFT scores 3 out of 10 in our technical rating. MCFT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- MCFT is part of the Leisure Products industry. There are 32 other stocks in this industry. MCFT outperforms 80% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that MCFT is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- MCFT 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 MCFT is lagging the market slightly.
- In the last month MCFT has a been trading in the 18.78 - 22.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCFT Weekly and Daily overview Charts
MCFT Setup Rating and Analysis
Although the technical rating is bad, MCFT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MCFT Support and Resistance Analysis
17.92
When analyzing the support we can see 4 important areas.
- Support @19.83 from a trend line in the daily time frame.
- A support zone ranging from 19.38 to 19.48. 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.
- Support @18.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.67 to 21.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.59 to 21.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for MCFT is neutral. |
| ChartMill Relative Strength | 79.05 | POSITIVE | MCFT has a high relative strength, it outperformed 79.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MCFT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCFT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MCFT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.75 | NEUTRAL | The RSI value for MCFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MCFT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.69 | NEUTRAL | The Stochastics value for MCFT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for MCFT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for MCFT suggests a possible start of a new trend. |
MCFT Chart- and CandleStick Pattern Analysis
MCFT Technicals: Chart, Performance Metrics, Trend & Indicators
20.59
-0.25 (-1.2%)
MASTERCRAFT BOAT HOLDINGS IN / MCFT TA FAQ
What is the technical rating for MCFT stock?
ChartMill assigns a technical rating of 3 / 10 to MCFT.
What is the current trend direction of MASTERCRAFT BOAT HOLDINGS IN (MCFT) stock?
The current trend direction for MASTERCRAFT BOAT HOLDINGS IN (MCFT) is Bearish.
What is the RSI signal for MASTERCRAFT BOAT HOLDINGS IN (MCFT) stock?
MASTERCRAFT BOAT HOLDINGS IN (MCFT) has an RSI value of 45.7474. This indicates that the stock is currently neutral.
What is the MACD signal for MASTERCRAFT BOAT HOLDINGS IN (MCFT) stock?
The MACD indicator for MASTERCRAFT BOAT HOLDINGS IN (MCFT) has a value of 0.143995, indicating a bearish trend.
Can you provide the short term momentum for MASTERCRAFT BOAT HOLDINGS IN?
The short term momentum for MASTERCRAFT BOAT HOLDINGS IN (MCFT) is neutral.