MICROPOLIS AI ROBOTICS (MCRP) Stock Technical Analysis
NYSEARCA:MCRP • KYG6083M1015
Taking everything into account, MCRP scores 7 out of 10 in our technical rating. Although MCRP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, MCRP is a bad performer in the overall market: 100% of all stocks are doing better.
- MCRP is part of the Machinery industry. There are 131 other stocks in this industry, of which 93% are performing better than MCRP.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month MCRP has a been trading in the 2.10 - 3.74 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MCRP has an excellent technical rating and also presents a decent setup pattern. 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 3.42. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MCRP 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.
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1.72
When analyzing the support we notice one important area.
- Support @1.74 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.42 to 3.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MCRP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCRP is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MCRP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.96 | NEUTRAL | The RSI value for MCRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MCRP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.64 | NEUTRAL | The Stochastics value for MCRP is a neutral value. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for MCRP suggests high volalility. |
| Average Directional Index/ADX (14) | 34.45 | POSITIVE | The high ADX value value for MCRP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.46 | 2.51 | 0.95 (27.46%) | 3.64% |
| An entry @3.46. This is a Buy Stop order right above the resistance zone. | An exit @2.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.95 points, which is 27.46%. | For a 1.00% total portfolio risk, you can invest 3.64% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.32
+0.09 (+2.79%)
MICROPOLIS AI ROBOTICS / MCRP FAQ
What is the ChartMill technical rating of MICROPOLIS AI ROBOTICS (MCRP) stock?
ChartMill assigns a technical rating of 7 / 10 to MCRP.
What is the trend direction for MCRP stock?
The current trend direction for MICROPOLIS AI ROBOTICS (MCRP) is Bullish.
What is the RSI signal for MICROPOLIS AI ROBOTICS (MCRP) stock?
MICROPOLIS AI ROBOTICS (MCRP) has an RSI value of 61.9619. This indicates that the stock is currently neutral.
What is the short term momentum for MCRP stock?
The short term momentum for MICROPOLIS AI ROBOTICS (MCRP) is positive.
What is the support and resistance level for MCRP stock?
MICROPOLIS AI ROBOTICS (MCRP) has a support level at 1.74 and a resistance level at 3.42. Check the full technical report for our detailed analysis of MCRP support and resistance levels.