MISTER CAR WASH INC (MCW) Stock Technical Analysis
USA - NASDAQ:MCW - US60646V1052 - Common Stock
5.41 USD
-0.11 (-1.99%)
5.48 USD
+0.07 (+1.29%)
Taking everything into account, MCW scores 0 out of 10 in our technical rating. MCW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than MCW.
MCW is one of the lesser performing stocks in the Diversified Consumer Services industry. 68% of 74 stocks in the same industry do better.
MCW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MCW has a been trading in the 5.35 - 6.04 range, which is quite wide. It is currently trading near the lows of this range.
MCW has an average volume of 1638580 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
5.36
8.43
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 5.55 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.79 from a trend line in the daily time frame.
- A resistance zone ranging from 6.00 to 6.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.68 from a trend line in the weekly time frame.
- Resistance @6.85 from a horizontal line in the daily time frame.
- Resistance @8.17 from a trend line in the weekly time frame.
- Resistance @8.35 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 MCW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCW is down. |
| ChartMill Relative Strength | 12.16 | NEGATIVE | MCW has a low relative strength, it was outperformed by 87.84% 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) | 36.94 | NEUTRAL | The RSI value for MCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCW has a negative trend. |
| Stochastics (14,3) | 13.58 | OVERSOLD | The low Stochastics value suggests MCW may be oversold. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for MCW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for MCW suggests a possible start of a new 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)
5.41
-0.11 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.99%
1 Week-4.42%
2 Weeks-4.59%
1 Month-8.46%
3 Month-14.4%
6 Month-31.78%
12 Month-17.53%
2 Year-1.81%
3 Year-36.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.94%
ATR Inc26.02%
Range Today0.19
ADR(20)0.15
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.16
Mansfield-3.1
10 Day High5.79
10 Day Low5.35
20 Day High6.05
20 Day Low5.35
52 Week High8.6
52 Week Low5.27
CS1 EndN/A
CR1 Start5.55
Volume & EV
DER(3)0.43%
DER(5)0.38%
Volume884.00K
Volume Incr-37.04%
Vol(5)907.79K
Vol(50)1.64M