MEDALLION FINANCIAL CORP (MFIN)

US5839281061 - Common Stock

8.16  +0.53 (+6.95%)

After market: 8.16 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, MFIN scores 2 out of 10 in our technical rating. MFIN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the performance of all stocks over the past year, MFIN turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
MFIN is an average performer in the Consumer Finance industry, it outperforms 42% of 51 stocks in the same industry.
MFIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MFIN is lagging the market slightly.
In the last month MFIN has a been trading in the 7.42 - 8.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MFIN Weekly chart
MFIN Daily chart
Setup Rating and Analysis

4

MFIN has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

6.22

10.34

We found 4 important support areas.

  • Support @7.65 from a horizontal line in the weekly time frame.
  • Support @7.50 from a trend line in the daily time frame.
  • Support @6.92 from a trend line in the weekly time frame.
  • Support @6.28 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 8.17 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.24 to 10.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.08
Mansfield-0.97
10 Day High8.22
10 Day Low7.43
20 Day High8.23
20 Day Low7.43
52 Week High10.49
52 Week Low5.64
Performance
1 Week4.48%
2 Weeks2%
1 Month4.75%
3 Month-18.81%
6 Month25.15%
12 Month37.37%
2 Year4.21%
3 Year-4.56%
5 Year19.82%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)55.22
LBB7.51
UBB8.13
MFIN Daily chart

MEDALLION FINANCIAL CORP

NASDAQ:MFIN (4/23/2024, 7:12:28 PM)

After market: 8.16 0 (0%)

8.16

+0.53 (+6.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg6.95%
1 Week4.48%
2 Weeks2%
1 Month4.75%
3 Month-18.81%
6 Month25.15%
12 Month37.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%3.62%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.22
10 Day Low7.43
20 Day High8.23
20 Day Low7.43
52 Week High10.49
52 Week Low5.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume108.30K
Volume Incr31.9%
Vol(5)119.82K
Vol(50)125.07K