MEDALLION FINANCIAL CORP (MFIN) Stock Technical Analysis
NASDAQ:MFIN - Nasdaq - US5839281061 - Common Stock - Currency: USD
Taking everything into account, MFIN scores 8 out of 10 in our technical rating. In the last year, MFIN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
MFIN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MFIN is performing more or less in line with the market.
In the last month MFIN has a been trading in the 8.50 - 9.59 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MFIN did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MFIN is an average performer in the Consumer Finance industry, it outperforms 70% of 51 stocks in the same industry.
MFIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.87
10.43
We found 3 important support areas.
- A support zone ranging from 9.09 to 9.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.25 to 8.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.95 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @9.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.16 to 10.33. 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 | UP | POSITIVE | The long term trend for MFIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFIN is up. |
| ChartMill Relative Strength | 87.09 | POSITIVE | MFIN has a high relative strength, it outperformed 87.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.48 | NEUTRAL | The RSI value for MFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MFIN has a negative trend. |
| Stochastics (14,3) | 72.42 | NEUTRAL | The Stochastics value for MFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for MFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for MFIN suggests a weak or negative 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 |
|---|---|---|---|
| 9.50 | 9.08 | 0.42 (4.42%) | 22.62% |
| An entry @9.50. This is a Buy Stop order right above the resistance zone. | An exit @9.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.62% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MFIN. 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.
NASDAQ:MFIN (5/27/2025, 2:29:06 PM)
9.43
+0.21 (+2.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg2.28%
1 Week1.1%
2 Weeks0.55%
1 Month3.48%
3 Month15.25%
6 Month-3.56%
12 Month16.56%
2 Year45.43%
3 Year19.12%
5 Year295.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.3%
ATR Inc27.04%
Range Today0.28
ADR(20)0.3
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.09
Mansfield0.49
10 Day High9.59
10 Day Low8.78
20 Day High9.59
20 Day Low8.5
52 Week High10.5
52 Week Low6.48
CS1 End9.16
CR1 Start9.25
Volume & EV
DER(3)-3.87%
DER(5)-1.72%
Volume10.42K
Volume Incr-10.67%
Vol(5)41.50K
Vol(50)43.78K