MIDCAP FINANCIAL INVESTMENT (MFIC) Stock Technical Analysis
NASDAQ:MFIC - Nasdaq - US03761U5020 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MFIC. Recently some decent action could be observed, but in the medium term time frame this is still negative. MFIC was also a bad performer in the overall market in the last year.
65% of all other stocks performed better in the past year than MFIC.
MFIC is one of the lesser performing stocks in the Capital Markets industry. 65% of 233 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MFIC has a been trading in the 12.10 - 13.48 range, which is quite wide. It is currently trading near the high of this range.
MFIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFIC is lagging the market.
MFIC 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
12.06
14.87
We found 4 important support areas.
- Support @13.25 from a horizontal line in the daily time frame.
- A support zone ranging from 12.70 to 13.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.49 from a trend line in the daily time frame.
- A support zone ranging from 12.18 to 12.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @13.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.61 to 14.72. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MFIC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFIC is up. |
| ChartMill Relative Strength | 35.27 | NEUTRAL | MFIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.83 | OVERBOUGHT | The high RSI value suggests MFIC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MFIC has a positive trend. |
| Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests MFIC may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for MFIC suggests low volalility. |
| Average Directional Index/ADX (14) | 25.89 | POSITIVE | The high ADX value value for MFIC 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)
13.45
+0.09 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.67%
1 Week3.3%
2 Weeks6.16%
1 Month9.89%
3 Month14.37%
6 Month-0.3%
12 Month-12.32%
2 Year-1.1%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.5%
ATR Inc-9.93%
Range Today0.13
ADR(20)0.2
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.27
Mansfield-0.66
10 Day High13.48
10 Day Low12.62
20 Day High13.48
20 Day Low12.1
52 Week High15.59
52 Week Low10.18
CS1 End13.25
CR1 Start13.67
Volume & EV
DER(3)-0.28%
DER(5)1.51%
Volume340.20K
Volume Incr-29.67%
Vol(5)302.50K
Vol(50)392.01K