MISTER CAR WASH INC (MCW) Stock Technical Analysis
USA - NASDAQ:MCW - US60646V1052 - Common Stock
Overall MCW gets a technical rating of 0 out of 10. 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.
MCW has a bad technical rating, but it does show 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 5.18. Right above this resistance zone may be a good entry point.
More info and screens
4.99
4 important resistance areas can be observed.
- A resistance zone ranging from 5.18 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.57 to 5.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.85 from a horizontal line in the daily time frame.
- Resistance @8.05 from a trend 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 | 13.09 | NEGATIVE | MCW has a low relative strength, it was outperformed by 86.91% 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) | 40.2 | NEUTRAL | The RSI value for MCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MCW has a negative trend. |
| Stochastics (14,3) | 9.97 | OVERSOLD | The low Stochastics value suggests MCW may be oversold. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for MCW suggests some volalility. |
| Average Directional Index/ADX (14) | 20.91 | NEUTRAL | The ADX value for MCW suggests a possible start of a new trend. |
5.04
+0.16 (+3.28%)
MISTER CAR WASH INC / MCW FAQ
What is the technical rating for MCW stock?
ChartMill assigns a technical rating of 0 / 10 to MCW.
What is the trend direction for MCW stock?
The current trend direction for MISTER CAR WASH INC (MCW) is Bearish.
Can you provide the RSI signal for MISTER CAR WASH INC?
MISTER CAR WASH INC (MCW) has an RSI value of 40.197. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MISTER CAR WASH INC?
The short term momentum for MISTER CAR WASH INC (MCW) is negative.
Can you provide the buy/sell signal for MISTER CAR WASH INC?
The buy/sell signal for MISTER CAR WASH INC (MCW) is sell as both the short term and long term trends are negative.