MILACRON HLDGS CORP (MCRN) Stock Technical Analysis
USA - NYSE:MCRN -
Taking everything into account, MCRN scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
- 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
11.80
2 important support areas can be observed.
- A support zone ranging from 15.52 to 15.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.92 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.93 to 17.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.73 from a trend 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 | 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%)
MILACRON HLDGS CORP / MCRN FAQ
What is the technical rating for MCRN stock?
ChartMill assigns a technical rating of 5 / 10 to MCRN.
What is the trend direction for MCRN stock?
The current trend direction for MILACRON HLDGS CORP (MCRN) is Bullish.
Can you provide the RSI signal for MILACRON HLDGS CORP?
MILACRON HLDGS CORP (MCRN) has an RSI value of 47.8397. This indicates that the stock is currently neutral.
What is the short term momentum for MCRN stock?
The short term momentum for MILACRON HLDGS CORP (MCRN) is neutral.
What is the support and resistance level for MCRN stock?
MILACRON HLDGS CORP (MCRN) has a support level at 15.55 and a resistance level at 16.93. Check the full technical report for our detailed analysis of MCRN support and resistance levels.