MAYVILLE ENGINEERING CO INC (MEC) Stock Technical Analysis
NYSE:MEC - New York Stock Exchange, Inc. - US5786051079 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to MEC. MEC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MEC has a been trading in the 11.72 - 15.61 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, MEC turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
MEC is an average performer in the Machinery industry, it outperforms 58% of 128 stocks in the same industry.
MEC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MEC is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MEC has an average technical rating and it also does not offer a high 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
12.21
15.60
We found 1 important support area.
- Support @12.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.25 to 15.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.62
Mansfield-1.18
10 Day High15.61
10 Day Low12.7
20 Day High15.61
20 Day Low11.72
52 Week High23.02
52 Week Low11.72
Performance
1 Week18.6%
2 Weeks19.25%
1 Month22.31%
3 Month-1.74%
6 Month-9.34%
12 Month-1.68%
2 Year31.27%
3 Year68.03%
5 Year149.02%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.35
RSI(14)69.45
LBB11.46
UBB15.77
15.24
-0.2 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.3%
1 Week18.6%
2 Weeks19.25%
1 Month22.31%
3 Month-1.74%
6 Month-9.34%
12 Month-1.68%
2 Year31.27%
3 Year68.03%
5 Year149.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%4.18%
ATR Inc-26.82%
Range Today0.55
ADR(20)0.62
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.62
Mansfield-1.18
10 Day High15.61
10 Day Low12.7
20 Day High15.61
20 Day Low11.72
52 Week High23.02
52 Week Low11.72
CS1 End12.33
CR1 Start15.25
Volume & EV
DER(3)0.78%
DER(5)3.31%
Volume128.70K
Volume Incr29.73%
Vol(5)136.18K
Vol(50)118.00K