Medley Capital Corp (MCV) Technical Analysis
NYSE:MCV
Current stock price
MCV Technical Rating and Analysis
Overall MCV gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MCV is only an average performer.
- Warning: MCV has an average volume of 7968 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- MCV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MCV is leading the market.
- In the last month MCV has a been trading in the 23.36 - 25.23 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, MCV outperforms 45% of them, which is more or less in line with the market.
MCV Weekly and Daily overview Charts
MCV Setup Rating and Analysis
MCV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MCV 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.
More info and screens
MCV Support and Resistance Analysis
20.39
We found 3 important support areas.
- A support zone ranging from 24.12 to 24.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.82 from a horizontal line in the daily time frame.
- Support @20.60 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.00 to 25.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
MCV Technical Indicator Signal Analysis
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 MCV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCV is up. |
| ChartMill Relative Strength | 45.79 | NEUTRAL | MCV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.73 | NEUTRAL | The RSI value for MCV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MCV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.63 | OVERBOUGHT | The high Stochastics value suggests MCV may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for MCV suggests low volalility. |
MCV Chart- and CandleStick Pattern Analysis
MCV Example Setup
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 |
|---|---|---|---|
| 25.10 | 24.11 | 0.99 (3.94%) | 25.00% |
| An entry @25.10. This is a Buy Stop order right above the resistance zone. | An exit @24.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.99 points, which is 3.94%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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.
MCV Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MCV (12/31/2020, 8:05:04 PM)
24.95
+0.24 (+0.97%)
Medley Capital Corp / MCV TA FAQ
Can you provide the ChartMill technical rating for Medley Capital Corp?
ChartMill assigns a technical rating of 8 / 10 to MCV.
Can you provide the trend direction for Medley Capital Corp?
The current trend direction for Medley Capital Corp (MCV) is Bullish.
What is the RSI signal for MCV stock?
Medley Capital Corp (MCV) has an RSI value of 57.7251. This indicates that the stock is currently neutral.
What is the short term momentum for Medley Capital Corp (MCV) stock?
The short term momentum for Medley Capital Corp (MCV) is positive.
Can you provide the support and resistance levels for Medley Capital Corp?
Medley Capital Corp (MCV) has a support level at 24.82 and a resistance level at 25. Check the full technical report for our detailed analysis of MCV support and resistance levels.