MARCHEX INC-CLASS B (MCHX) Stock Technical Analysis
USA - NASDAQ:MCHX - US56624R1086 - Common Stock
1.8 USD
+0.04 (+2.27%)
1.82 USD
+0.02 (+1.11%)
Overall MCHX gets a technical rating of 0 out of 10. MCHX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MCHX is a bad performer in the overall market: 70% of all stocks are doing better.
In the last month MCHX has a been trading in the 1.65 - 2.04 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MCHX has an average volume of 29274 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MCHX is one of the better performing stocks in the Media industry, it outperforms 70% of 95 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MCHX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCHX is lagging the market.
Although the technical rating is bad, MCHX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.95. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MCHX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.45
2.15
We found 4 important support areas.
- Support @1.79 from a horizontal line in the weekly time frame.
- Support @1.76 from a trend line in the daily time frame.
- Support @1.69 from a horizontal line in the daily time frame.
- Support @1.46 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.95 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.13 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 MCHX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCHX is down. |
| ChartMill Relative Strength | 30.7 | NEUTRAL | MCHX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCHX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCHX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCHX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.68 | NEUTRAL | The RSI value for MCHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.12 | NEUTRAL | The Stochastics value for MCHX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for MCHX suggests high volalility. |
| Average Directional Index/ADX (14) | 41.96 | POSITIVE | The high ADX value value for MCHX suggests a strong 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)
1.8
+0.04 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.27%
1 Week-0.55%
2 Weeks-7.69%
1 Month-1.64%
3 Month-11.22%
6 Month20.81%
12 Month7.78%
2 Year38.46%
3 Year11.8%
5 Year5.26%
10 Year-58.33%
15 Year-71.96%
Volatility
ATR(14)0.09
ATR(20)%5.74%
ATR Inc-40.55%
Range Today0.07
ADR(20)0.1
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.7
3 months CRS15.65
6 months CRS68.54
Mansfield-1.31
10 Day High2.04
10 Day Low1.73
20 Day High2.04
20 Day Low1.65
52 Week High2.4
52 Week Low1.26
CS1 End1.79
CR1 Start1.95
Volume & EV
DER(3)3.31%
DER(5)0.46%
Volume27.80K
Volume Incr-18.01%
Vol(5)30.76K
Vol(50)29.27K