NASDAQ:MESA - Nasdaq - US5904791358 - Common Stock - Currency: USD
Taking everything into account, MESA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MESA is a bad performer.
Besides having an excellent technical rating, MESA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.15, a Stop Loss order could be placed below this zone.
0.76
5 important support areas can be observed.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The long term trend for MESA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MESA is up. |
ChartMill Relative Strength | 21.64 | NEGATIVE | MESA has a low relative strength, it was outperformed by 78.36% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MESA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MESA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MESA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 67.87 | NEUTRAL | The RSI value for MESA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MESA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 88.74 | OVERBOUGHT | The high Stochastics value suggests MESA may be overbought. |
Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for MESA suggests some volalility. |
Average Directional Index/ADX (14) | 44.36 | POSITIVE | The high ADX value value for MESA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1.19 | 1.13 | 0.06 (5.04%) | 19.83% |
An entry @1.19. This is a Buy Stop order right above the resistance zone. | An exit @1.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 5.04%. | When investing 19.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
1.16
-0.01 (-0.85%)