MARCUS CORPORATION (MCS) Stock Technical Analysis
NYSE:MCS - New York Stock Exchange, Inc. - US5663301068 - Common Stock - Currency: USD
Overall MCS gets a technical rating of 4 out of 10. In the past year, MCS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
MCS is part of the Entertainment industry. There are 71 other stocks in this industry. MCS outperforms 75% of them.
Looking at the yearly performance, MCS did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MCS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MCS is lagging the market slightly.
In the last month MCS has a been trading in the 15.42 - 17.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MCS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
15.04
21.42
We found 3 important support areas.
- A support zone ranging from 16.61 to 17.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.05 from a trend line in the weekly time frame.
- A support zone ranging from 15.19 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.10 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.07 to 21.21. 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 | DOWN | NEGATIVE | The long term trend for MCS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCS is neutral. |
| ChartMill Relative Strength | 88.83 | POSITIVE | MCS has a high relative strength, it outperformed 88.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MCS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.88 | NEUTRAL | The RSI value for MCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCS has a positive trend. |
| Stochastics (14,3) | 62.61 | NEUTRAL | The Stochastics value for MCS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for MCS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.46 | NEGATIVE | The low ADX value for MCS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
17.06
+0.14 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.83%
1 Week-0.23%
2 Weeks0.71%
1 Month2.83%
3 Month-18.37%
6 Month-22.56%
12 Month56.51%
2 Year11.65%
3 Year8.87%
5 Year26.56%
10 Year-12.96%
15 Year55.8%
Volatility
ATR(14)0.49
ATR(20)%2.84%
ATR Inc-2.74%
Range Today0.61
ADR(20)0.43
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.83
Mansfield0.08
10 Day High17.72
10 Day Low16.51
20 Day High17.72
20 Day Low15.42
52 Week High23.16
52 Week Low9.56
CS1 End17.04
CR1 Start17.1
Volume & EV
DER(3)6.65%
DER(5)4.02%
Volume245.00K
Volume Incr-16.95%
Vol(5)144.80K
Vol(50)183.25K