MACQUARIE/FT GL INT/UT DV IN (MFD) Stock Technical Analysis
NYSE:MFD - New York Stock Exchange, Inc. - US55607W1009 - Currency: USD
Taking everything into account, MFD scores 8 out of 10 in our technical rating. Although MFD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
MFD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MFD has a been trading in the 8.00 - 8.68 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, MFD turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
MFD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.29, a Stop Loss order could be placed below this zone.
More info and screens
7.14
8.74
4 important support areas can be observed.
- Support @8.29 from a trend line in the daily time frame.
- Support @7.96 from a trend line in the daily time frame.
- A support zone ranging from 7.38 to 7.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.21 to 7.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.46 to 8.65. 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 | UP | POSITIVE | The long term trend for MFD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFD is up. |
| ChartMill Relative Strength | 60.1 | NEUTRAL | MFD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MFD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.93 | NEUTRAL | The RSI value for MFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MFD has a negative trend. |
| Stochastics (14,3) | 70.85 | NEUTRAL | The Stochastics value for MFD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for MFD suggests low volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for MFD suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 8.58 | 8.40 | 0.17 (2.04%) | 25.00% |
| An entry @8.57. This is a Buy Stop order right above the 10 day moving average. | An exit @8.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 2.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The distance between exit and entry is rather small compared to the average daily movement of MFD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.45
-0.19 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.2%
1 Week-1.17%
2 Weeks0.96%
1 Month3.68%
3 Month13.12%
6 Month12.37%
12 Month15.44%
2 Year6.6%
3 Year-11.15%
5 Year-14.73%
10 Year-49.7%
15 Year-28.02%
Volatility
ATR(14)0.12
ATR(20)%1.49%
ATR Inc12.67%
Range Today0.18
ADR(20)0.12
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.1
Mansfield-0.19
10 Day High8.68
10 Day Low8.41
20 Day High8.68
20 Day Low8
52 Week High8.68
52 Week Low6.63
CS1 End8.29
CR1 Start8.46
Volume & EV
DER(3)-7.44%
DER(5)-3.78%
Volume52.30K
Volume Incr-8.37%
Vol(5)53.62K
Vol(50)44.59K