MASTERCRAFT BOAT HOLDINGS IN (MCFT) Stock Technical Analysis
NASDAQ:MCFT - Nasdaq - US57637H1032 - Common Stock - Currency: USD
Overall MCFT gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MCFT was also a bad performer in the overall market in the last year.
63% of all other stocks performed better in the past year than MCFT.
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 an average performer in the Leisure Products industry, it outperforms 55% of 30 stocks in the same industry.
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 16.46 - 19.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCFT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.65, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.45
21.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.06 to 17.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.62 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.06 to 18.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.89 to 18.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @20.00 from a trend line in the weekly time frame.
- Resistance @21.39 from a horizontal line in the weekly time frame.
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 | 37.01 | 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) | UP | POSITIVE | The current price of MCFT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCFT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.65 | NEUTRAL | The RSI value for MCFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MCFT has a negative trend. |
| Stochastics (14,3) | 57.11 | NEUTRAL | The Stochastics value for MCFT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for MCFT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for MCFT suggests a weak or negative trend. |
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)
17.99
+0.06 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.33%
1 Week-2.76%
2 Weeks3.09%
1 Month6.89%
3 Month3.99%
6 Month-2.23%
12 Month-6.88%
2 Year-41.31%
3 Year-14.54%
5 Year-5.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%3.31%
ATR Inc10.87%
Range Today0.54
ADR(20)0.56
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.01
Mansfield-0.57
10 Day High19.18
10 Day Low17.44
20 Day High19.18
20 Day Low16.46
52 Week High23
52 Week Low14.39
CS1 End17.65
CR1 Start18.06
Volume & EV
DER(3)-1.76%
DER(5)0.21%
Volume234.00K
Volume Incr62.67%
Vol(5)149.58K
Vol(50)111.01K