Motley Fool Small-Cap Growth ETF (MFMS) Stock Technical Analysis
NYSEARCA:MFMS - NYSE Arca -
Overall MFMS gets a technical rating of 1 out of 10. MFMS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MFMS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.25, a Stop Loss order could be placed below this zone.
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34.50
We found 2 important support areas.
- A support zone ranging from 35.68 to 36.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 37.53 to 37.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 41.67 to 41.68. 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 | DOWN | NEGATIVE | The long term trend for MFMS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFMS is neutral. |
| ChartMill Relative Strength | 28.35 | NEGATIVE | MFMS has a low relative strength, it was outperformed by 71.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for MFMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests MFMS has a positive trend. |
| Stochastics (14,3) | 66.26 | NEUTRAL | The Stochastics value for MFMS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for MFMS suggests some volalility. |
Motley Fool Small-Cap Growth ETF
NYSEARCA:MFMS (12/30/2021, 8:40:27 PM)
36.51
+0.18 (+0.5%)