MIDCAP FINANCIAL INVESTMENT (MFIC) Stock Technical Analysis
NASDAQ:MFIC • US03761U5020
We assign a technical rating of 0 out of 10 to MFIC. MFIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MFIC is a bad performer in the overall market: 86% of all stocks are doing better.
- MFIC is one of the lesser performing stocks in the Capital Markets industry. 67% of 238 stocks in the same industry do better.
- MFIC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month MFIC has a been trading in the 9.48 - 11.63 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of MFIC is bad and it also does not present a 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
10.03
2 important resistance areas can be observed.
- A resistance zone ranging from 11.26 to 11.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.12 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for MFIC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFIC is down. |
| ChartMill Relative Strength | 14.91 | NEGATIVE | MFIC has a low relative strength, it was outperformed by 85.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.07 | NEUTRAL | The RSI value for MFIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests MFIC has a negative trend. |
| Stochastics (14,3) | 12.6 | OVERSOLD | The low Stochastics value suggests MFIC may be oversold. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for MFIC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.07 | POSITIVE | The high ADX value value for MFIC suggests a strong trend. |
10.13
+0.45 (+4.65%)
MIDCAP FINANCIAL INVESTMENT / MFIC FAQ
What is the ChartMill technical rating of MIDCAP FINANCIAL INVESTMENT (MFIC) stock?
ChartMill assigns a technical rating of 0 / 10 to MFIC.
What is the trend direction for MFIC stock?
The current trend direction for MIDCAP FINANCIAL INVESTMENT (MFIC) is Bearish.
Can you provide the RSI signal for MIDCAP FINANCIAL INVESTMENT?
MIDCAP FINANCIAL INVESTMENT (MFIC) has an RSI value of 35.0693. This indicates that the stock is currently neutral.
What is the buy/sell signal for MIDCAP FINANCIAL INVESTMENT (MFIC) stock?
The buy/sell signal for MIDCAP FINANCIAL INVESTMENT (MFIC) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for MIDCAP FINANCIAL INVESTMENT?
MIDCAP FINANCIAL INVESTMENT (MFIC) has a resistance level at 11.26. Check the full technical report for our detailed analysis of MFIC support and resistance levels.