Overall MCTR gets a technical rating of 1 out of 10. MCTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MCTR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.93, a Stop Loss order could be placed below this zone.
More info and screens
0.91
When analyzing the support we notice one important area.
- A support zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.14 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for MCTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCTR is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MCTR 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 MCTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.4 | NEUTRAL | The RSI value for MCTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MCTR has a positive trend. |
| Stochastics (14,3) | 61.15 | NEUTRAL | The Stochastics value for MCTR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.93 | HIGH VOLATILITY | The high ATR as a percentage value for MCTR suggests high volalility. |
| Average Directional Index/ADX (14) | 11.29 | NEGATIVE | The low ADX value for MCTR suggests a weak or negative trend. |
1.02
+0.02 (+2%)
CTRL GROUP LTD / MCTR FAQ
What is the ChartMill technical rating of CTRL GROUP LTD (MCTR) stock?
ChartMill assigns a technical rating of 1 / 10 to MCTR.
What is the current trend direction of CTRL GROUP LTD (MCTR) stock?
The current trend direction for CTRL GROUP LTD (MCTR) is Bearish.
Can you provide the RSI signal for CTRL GROUP LTD?
CTRL GROUP LTD (MCTR) has an RSI value of 45.3958. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CTRL GROUP LTD?
The MACD indicator for CTRL GROUP LTD (MCTR) has a value of 0.0229525, indicating a bearish trend.
What is the buy/sell signal for CTRL GROUP LTD (MCTR) stock?
The buy/sell signal for CTRL GROUP LTD (MCTR) is sell as both the short term and long term trends are negative.