MCDERMOTT INTL INC (MDR) Stock Technical Analysis
NYSE:MDR - New York Stock Exchange, Inc. -
We assign a technical rating of 0 out of 10 to MDR. MDR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MDR is a bad performer in the overall market: 100% of all stocks are doing better.
MDR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MDR is lagging the market.
In the last month MDR has a been trading in the 0.53 - 1.75 range, which is quite wide. It is currently trading near the lows of this range.
MDR has an average volume of 15548300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, MDR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.60
1.40
3 important support areas can be observed.
- Support @0.67 from a horizontal line in the weekly time frame.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.78 from a horizontal line in the daily time frame.
- Resistance @1.21 from a trend line in the daily time frame.
- Resistance @1.39 from a trend 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 MDR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDR is down. |
| ChartMill Relative Strength | 0.18 | NEGATIVE | MDR has a low relative strength, it was outperformed by 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.4 | NEUTRAL | The RSI value for MDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.92 | OVERSOLD | The low Stochastics value suggests MDR may be oversold. |
| Average True Range in percent/ATR (20) | 27.99 | HIGH VOLATILITY | The high ATR as a percentage value for MDR suggests high volalility. |
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)
0.7032
-0.02 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.17%
1 Week-0.96%
2 Weeks4.33%
1 Month-34.89%
3 Month-70.08%
6 Month-93.26%
12 Month-92.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%27.99%
ATR Inc-61.7%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.18
Mansfield-8.88
10 Day High0.94
10 Day Low0.59
20 Day High1.75
20 Day Low0.53
52 Week High10.99
52 Week Low0.53
CS1 End0.67
CR1 Start0.78
Volume & EV
DER(3)0.08%
DER(5)-4%
Volume8.77M
Volume Incr-30.63%
Vol(5)11.84M
Vol(50)15.55M