MOLYCORP INC DEL (MCP) Technical Analysis
NYSE:MCP • US6087531090
Current stock price
MCP Technical Rating and Analysis
Overall MCP gets a technical rating of 0 out of 10. MCP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MCP is a bad performer in the overall market: 93% of all stocks are doing better.
- MCP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MCP has a been trading in the 0.31 - 0.62 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.
- MCP has an average volume of 9062100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MCP Weekly and Daily overview Charts
MCP Setup Rating and Analysis
MCP has a poor technical rating and the quality of the setup is also not perfect 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
MCP Support and Resistance Analysis
0.36
We found 1 important support area.
- Support @0.36 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.36 from a trend line in the daily time frame.
- Resistance @0.39 from a trend line in the daily time frame.
- A resistance zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MCP 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 | DOWN | NEGATIVE | The long term trend for MCP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCP is down. |
| ChartMill Relative Strength | 7.54 | NEGATIVE | MCP has a low relative strength, it was outperformed by 92.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.04 | NEUTRAL | The RSI value for MCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MCP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.07 | NEUTRAL | The Stochastics value for MCP is a neutral value. |
| Average True Range in percent/ATR (20) | 16.67 | HIGH VOLATILITY | The high ATR as a percentage value for MCP suggests high volalility. |
MCP Chart- and CandleStick Pattern Analysis
MCP Technicals: Chart, Performance Metrics, Trend & Indicators
0.36
-0.02 (-5.26%)
MOLYCORP INC DEL / MCP TA FAQ
What is the ChartMill technical rating of MOLYCORP INC DEL (MCP) stock?
ChartMill assigns a technical rating of 0 / 10 to MCP.
What is the current trend direction of MOLYCORP INC DEL (MCP) stock?
The current trend direction for MOLYCORP INC DEL (MCP) is Bearish.
What is the RSI signal for MOLYCORP INC DEL (MCP) stock?
MOLYCORP INC DEL (MCP) has an RSI value of 37.0445. This indicates that the stock is currently neutral.
What is the MACD signal for MCP stock?
The MACD indicator for MOLYCORP INC DEL (MCP) has a value of 0.0046766, indicating a bearish trend.
What is the support and resistance level for MCP stock?
MOLYCORP INC DEL (MCP) has a support level at 0.36 and a resistance level at 0.36. Check the full technical report for our detailed analysis of MCP support and resistance levels.