NYSEARCA:MCRP - NYSE Arca - KYG6083M1015 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to MCRP. MCRP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
MCRP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
2.41
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 MCRP is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCRP is neutral. |
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) | DOWN | NEGATIVE | The current price of MCRP is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 49.06 | NEUTRAL | The RSI value for MCRP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MCRP has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 53.42 | NEUTRAL | The Stochastics value for MCRP is a neutral value. |
Average True Range in percent/ATR (20) | 15.72 | HIGH VOLATILITY | The high ATR as a percentage value for MCRP suggests high volalility. |
Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for MCRP suggests a weak or negative trend. |
2.43
+0.14 (+6.11%)