MCGRAW HILL INC (MH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MH - US5809071039 - Common Stock
Taking everything into account, MH scores 6 out of 10 in our technical rating. Although MH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, MH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 16.68, a Stop Loss order could be placed below this zone.
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16.50
When analyzing the support we notice one important area.
- A support zone ranging from 16.67 to 16.68. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for MH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MH is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for MH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests MH has a negative trend. |
| Stochastics (14,3) | 59.26 | NEUTRAL | The Stochastics value for MH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for MH suggests some volalility. |
| Average Directional Index/ADX (14) | 33.05 | POSITIVE | The high ADX value value for MH suggests a strong trend. |
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 |
|---|---|---|---|
| 17.78 | 16.66 | 1.12 (6.30%) | 15.87% |
| An entry @17.78. This is a Buy Stop order right above the 10 day high. | An exit @16.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 6.30%. | For a 1.00% total portfolio risk, you can invest 15.87% of your capital in this trade. |
- 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.
16.99
-0.16 (-0.93%)
MCGRAW HILL INC / MH FAQ
What is the ChartMill technical rating of MCGRAW HILL INC (MH) stock?
ChartMill assigns a technical rating of 6 / 10 to MH.
What is the trend direction for MH stock?
The current trend direction for MCGRAW HILL INC (MH) is Bullish.
What is the RSI signal for MH stock?
MCGRAW HILL INC (MH) has an RSI value of 56.6749. This indicates that the stock is currently neutral.
What is the short term momentum for MCGRAW HILL INC (MH) stock?
The short term momentum for MCGRAW HILL INC (MH) is positive.
Can you provide the support and resistance levels for MCGRAW HILL INC?
MCGRAW HILL INC (MH) has a support level at 16.68. Check the full technical report for our detailed analysis of MH support and resistance levels.