MACQUARIE/FT GL INT/UT DV IN (MFD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFD - US55607W1009
Taking everything into account, MFD scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFD is only an average performer.
Besides having an excellent technical rating, MFD 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.
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7.14
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.
When analyzing the resistance we notice one important 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. |
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 worst case loss on the trade is limited to 0.17 points, which is 2.04%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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%)
MACQUARIE/FT GL INT/UT DV IN / MFD FAQ
What is the ChartMill technical rating of MACQUARIE/FT GL INT/UT DV IN (MFD) stock?
ChartMill assigns a technical rating of 8 / 10 to MFD.
What is the trend direction for MFD stock?
The current trend direction for MACQUARIE/FT GL INT/UT DV IN (MFD) is Bullish.
Can you provide the RSI signal for MACQUARIE/FT GL INT/UT DV IN?
MACQUARIE/FT GL INT/UT DV IN (MFD) has an RSI value of 55.9347. This indicates that the stock is currently neutral.
What is the MACD signal for MFD stock?
The MACD indicator for MACQUARIE/FT GL INT/UT DV IN (MFD) has a value of -0.0158174, indicating a bearish trend.
Can you provide the short term momentum for MACQUARIE/FT GL INT/UT DV IN?
The short term momentum for MACQUARIE/FT GL INT/UT DV IN (MFD) is positive.