Taking everything into account, MCW scores 3 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, MCW is a bad performer in the overall market: 74% of all stocks are doing 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 1238150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- MCW is part of the Diversified Consumer Services industry. There are 76 other stocks in this industry, MCW did better than 68% of them.
- In the last month MCW has a been trading in the 5.46 - 6.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
4.82
2 important support areas can be observed.
- Support @5.16 from a trend line in the daily time frame.
- Support @4.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.97 to 6.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MCW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCW is neutral. |
| ChartMill Relative Strength | 26.32 | NEGATIVE | MCW has a low relative strength, it was outperformed by 73.68% 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) | UP | POSITIVE | The current price of MCW is above the rising 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) | 47.23 | NEUTRAL | The RSI value for MCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MCW has a negative trend. |
| Stochastics (14,3) | 60.35 | NEUTRAL | The Stochastics value for MCW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MCW suggests some volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for MCW suggests a strong trend. |
5.69
-0.3 (-5.01%)
MISTER CAR WASH INC / MCW FAQ
What is the technical rating for MCW stock?
ChartMill assigns a technical rating of 3 / 10 to MCW.
What is the current trend direction of MISTER CAR WASH INC (MCW) stock?
The current trend direction for MISTER CAR WASH INC (MCW) is Bearish.
What is the RSI signal for MISTER CAR WASH INC (MCW) stock?
MISTER CAR WASH INC (MCW) has an RSI value of 47.2271. This indicates that the stock is currently neutral.
What is the MACD signal for MCW stock?
The MACD indicator for MISTER CAR WASH INC (MCW) has a value of -0.0160498, indicating a bearish trend.