NASDAQ:MCW - Nasdaq - US60646V1052 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MCW. MCW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
5.99
We found 3 important support areas.
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for MCW is down. |
ChartMill Relative Strength | 59 | NEUTRAL | MCW is not amongst the best or worst performers 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) | UP | MIXED | The current price of MCW is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 40.67 | 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) | 7.28 | OVERSOLD | The low Stochastics value suggests MCW may be oversold. |
Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for MCW suggests some volalility. |
Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for MCW suggests a weak or negative trend. |
7.09
+0.02 (+0.28%)