MISTER CAR WASH INC (MCW) Stock Technical Analysis
NASDAQ:MCW - Nasdaq - US60646V1052 - Common Stock - Currency: USD
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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. 62% of 71 stocks in the same industry do better.
MCW 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.
MCW has an average volume of 1820680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MCW has a been trading in the 5.27 - 6.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 support zone below the current price at 5.72, a Stop Loss order could be placed below this zone.
More info and screens
5.54
8.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.70 to 5.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @5.60 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 5.82 to 5.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.08 to 6.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.85 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.20 from a trend line in the weekly time frame.
- Resistance @8.35 from a horizontal line in the weekly time frame.
- 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 | 12.5 | NEGATIVE | MCW has a low relative strength, it was outperformed by 87.5% 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) | 39.82 | NEUTRAL | The RSI value for MCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.76 | NEUTRAL | The Stochastics value for MCW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for MCW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.5 | 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)
5.74
-0.01 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.17%
1 Week-2.88%
2 Weeks0.35%
1 Month-10.31%
3 Month-19.04%
6 Month-20.94%
12 Month-15.59%
2 Year-20.72%
3 Year-42.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%3.82%
ATR Inc-48.23%
Range Today0.11
ADR(20)0.2
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.5
Mansfield-2.52
10 Day High6.09
10 Day Low5.67
20 Day High6.54
20 Day Low5.27
52 Week High8.6
52 Week Low5.27
CS1 End5.72
CR1 Start5.82
Volume & EV
DER(3)1.65%
DER(5)0.8%
Volume1.23M
Volume Incr-18.57%
Vol(5)1.69M
Vol(50)1.82M