MILL CITY VENTURES III LTD (MCVT) Stock Technical Analysis
NASDAQ:MCVT - Nasdaq - US59982U2006 - Common Stock - Currency: USD
Overall MCVT gets a technical rating of 4 out of 10. In the past year, MCVT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than MCVT.
MCVT is part of the Financial Services industry. There are 99 other stocks in this industry, of which 80% are performing better than MCVT.
MCVT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: MCVT has an average volume of 23770 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MCVT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MCVT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MCVT 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
1.76
3.23
When analyzing the support we notice one important area.
- A support zone ranging from 1.78 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.86 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.95 from a horizontal line in the daily time frame.
- Resistance @2.78 from a trend line in the daily time frame.
- Resistance @3.13 from a trend line in the weekly time frame.
- Resistance @3.20 from a horizontal line in the weekly 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 MCVT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCVT is up. |
| ChartMill Relative Strength | 15.21 | NEGATIVE | MCVT has a low relative strength, it was outperformed by 84.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MCVT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCVT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for MCVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCVT has a negative trend. |
| Stochastics (14,3) | 55.3 | NEUTRAL | The Stochastics value for MCVT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for MCVT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for MCVT suggests a strong 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)
NASDAQ:MCVT (6/16/2025, 8:00:00 PM)
1.83
-0.04 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.14%
1 Week-4.94%
2 Weeks1.67%
1 Month1.1%
3 Month1.67%
6 Month-8.04%
12 Month-38.18%
2 Year-24.07%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%4.62%
ATR Inc20.73%
Range Today0.11
ADR(20)0.08
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.21
Mansfield-2.06
10 Day High1.95
10 Day Low1.77
20 Day High1.95
20 Day Low1.77
52 Week High3.88
52 Week Low1.13
CS1 End1.82
CR1 Start1.86
Volume & EV
DER(3)16.74%
DER(5)4.59%
Volume8.60K
Volume Incr-62.79%
Vol(5)10.86K
Vol(50)23.77K