MILL CITY VENTURES III LTD (MCVT) Stock Technical Analysis
NASDAQ:MCVT - Nasdaq - US59982U2006 - Common Stock - Currency: USD
Overall MCVT gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MCVT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MCVT is a bad performer in the overall market: 79% of all stocks are doing better.
MCVT is one of the lesser performing stocks in the Financial Services industry. 70% of 101 stocks in the same industry do better.
MCVT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MCVT is lagging the market.
In the last month MCVT has a been trading in the 1.48 - 1.93 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MCVT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.56
3.23
When analyzing the support we notice one important area.
- Support @1.58 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.92 from a horizontal line in the daily time frame.
- Resistance @2.84 from a trend line in the daily time frame.
- A resistance zone ranging from 3.15 to 3.20. This zone is formed by a combination of multiple trend lines 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 | 21.89 | NEGATIVE | MCVT has a low relative strength, it was outperformed by 78.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MCVT is above a declining 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) | 67.44 | NEUTRAL | The RSI value for MCVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MCVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.71 | OVERBOUGHT | The high Stochastics value suggests MCVT may be overbought. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for MCVT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.97 | 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 (5/23/2025, 8:34:21 PM)
1.86
-0.04 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.11%
1 Week2.76%
2 Weeks18.1%
1 Month26.53%
3 Month-8.82%
6 Month-2.11%
12 Month-26.48%
2 Year-16.59%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%4.03%
ATR Inc10.61%
Range Today0.09
ADR(20)0.07
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.89
Mansfield-1.93
10 Day High1.93
10 Day Low1.55
20 Day High1.93
20 Day Low1.48
52 Week High3.88
52 Week Low1.13
CS1 End1.58
CR1 Start1.92
Volume & EV
DER(3)-5.74%
DER(5)5.7%
Volume20.10K
Volume Incr127.4%
Vol(5)39.42K
Vol(50)32.15K