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MCLOUD TECHNOLOGIES CORP (MCLD) Stock Technical Analysis

USA - NASDAQ:MCLD - CA5822706092 - Common Stock

0.111 USD
-0.07 (-37.82%)
Last: 9/28/2023, 8:00:00 PM
0.091 USD
-0.02 (-18.02%)
After Hours: 9/28/2023, 8:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MCLD. MCLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than MCLD.
MCLD is one of the lesser performing stocks in the Software industry. 89% of 279 stocks in the same industry do better.
MCLD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MCLD has a been trading in the 0.11 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
MCLOUD TECHNOLOGIES CORP / MCLD Weekly stock chart
MCLOUD TECHNOLOGIES CORP / MCLD Daily stock chart
Setup Rating and Analysis

1

The technical rating of MCLD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MCLD is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MCLD is down.
ChartMill Relative Strength0.72NEGATIVEMCLD has a low relative strength, it was outperformed by 99.28% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MCLD is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MCLD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of MCLD is below a declining SMA(200).
Relative Strength Index/RSI (14)17.59OVERSOLDThe low RSI value suggests MCLD may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests MCLD has a negative trend.
Stochastics (14,3)21.75NEUTRALThe Stochastics value for MCLD is a neutral value.
Average True Range in percent/ATR (20)35.9HIGH VOLATILITYThe high ATR as a percentage value for MCLD suggests high volalility.
Average Directional Index/ADX (14)20.22NEUTRALThe ADX value for MCLD suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
MCLOUD TECHNOLOGIES CORP / MCLD Daily stock chart

MCLOUD TECHNOLOGIES CORP

NASDAQ:MCLD (9/28/2023, 8:00:00 PM)

After market: 0.091 -0.02 (-18.02%)

0.111

-0.07 (-37.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-37.82%
1 Week-62.99%
2 Weeks-64.18%
1 Month-57.31%
3 Month-76.15%
6 Month-65.45%
12 Month-92.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%35.9%
ATR Inc313.02%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.72
Mansfield-8.41
10 Day High0.33
10 Day Low0.11
20 Day High0.35
20 Day Low0.11
52 Week High2.4
52 Week Low0.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-10.85%
DER(5)-4.15%
Volume1.11M
Volume Incr1393.64%
Vol(5)626.06K
Vol(50)134.22K