NYSE:MCRN - New York Stock Exchange, Inc. -
We assign a technical rating of 6 out of 10 to MCRN. In the last year, MCRN was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, MCRN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
11.80
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
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 | UP | POSITIVE | The long term trend for MCRN is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCRN is neutral. |
ChartMill Relative Strength | 80.67 | POSITIVE | MCRN has a high relative strength, it outperformed 80.67% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCRN is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCRN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCRN is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.84 | NEUTRAL | The RSI value for MCRN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MCRN has a negative trend. |
Stochastics (14,3) | 43.94 | NEUTRAL | The Stochastics value for MCRN is a neutral value. |
Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for MCRN suggests low volalility. |
16.8
-0.17 (-1%)