MISTER CAR WASH INC (MCW) Stock Technical Analysis
NASDAQ:MCW - Nasdaq - US60646V1052 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MCW. MCW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MCW is a bad performer in the overall market: 83% of all stocks are doing better.
MCW is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, of which 63% are performing better than MCW.
MCW 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 MCW is lagging the market.
In the last month MCW has a been trading in the 6.30 - 7.83 range, which is quite wide. It is currently trading near the lows of this range.
MCW has an average volume of 1575880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of MCW is bad and it also does not present a quality setup 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
6.26
8.57
We can see 5 important resistance areas.
- A resistance zone ranging from 6.33 to 6.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.52 to 7.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.27 to 8.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.49 from a horizontal 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 MCW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCW is down. |
| ChartMill Relative Strength | 17.1 | NEGATIVE | MCW has a low relative strength, it was outperformed by 82.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.42 | NEUTRAL | The RSI value for MCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MCW has a negative trend. |
| Stochastics (14,3) | 13.24 | OVERSOLD | The low Stochastics value suggests MCW may be oversold. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MCW suggests some volalility. |
| Average Directional Index/ADX (14) | 31.12 | POSITIVE | The high ADX value value for MCW 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)
6.32
-0.15 (-2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.32%
1 Week-3.81%
2 Weeks-10.73%
1 Month-17.82%
3 Month-20.3%
6 Month-16.62%
12 Month-12.59%
2 Year-34.51%
3 Year-41.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.33%
ATR Inc-32.81%
Range Today0.14
ADR(20)0.19
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.1
Mansfield-1.64
10 Day High7.02
10 Day Low6.3
20 Day High7.84
20 Day Low6.3
52 Week High8.6
52 Week Low5.84
CS1 EndN/A
CR1 Start6.33
Volume & EV
DER(3)-2.6%
DER(5)-3.64%
Volume957.80K
Volume Incr-32.94%
Vol(5)981.18K
Vol(50)1.58M