MAIDEN HOLDINGS LTD (MHLD) Stock Technical Analysis
NASDAQ:MHLD - Nasdaq - BMG5753U1128 - Common Stock - Currency: USD
Taking everything into account, MHLD scores 3 out of 10 in our technical rating. MHLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than MHLD.
MHLD is part of the Insurance industry. There are 143 other stocks in this industry, of which 85% are performing better than MHLD.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MHLD 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 MHLD is lagging the market slightly.
In the last month MHLD has a been trading in the 0.99 - 1.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MHLD 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.
More info and screens
0.98
1.54
When analyzing the support we notice one important area.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.52 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for MHLD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MHLD is neutral. |
| ChartMill Relative Strength | 19.27 | NEGATIVE | MHLD has a low relative strength, it was outperformed by 80.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MHLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MHLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MHLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.13 | NEUTRAL | The RSI value for MHLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MHLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.32 | OVERSOLD | The low Stochastics value suggests MHLD may be oversold. |
| Average True Range in percent/ATR (20) | 10.49 | HIGH VOLATILITY | The high ATR as a percentage value for MHLD suggests high volalility. |
| Average Directional Index/ADX (14) | 31.16 | POSITIVE | The high ADX value value for MHLD suggests a strong 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)
1.15
+0.15 (+15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg15%
1 Week-4.17%
2 Weeks-1.71%
1 Month-10.16%
3 Month19.1%
6 Month-29.45%
12 Month-46.01%
2 Year-43.63%
3 Year-52.87%
5 Year-4.17%
10 Year-91.77%
15 Year-83.43%
Volatility
ATR(14)0.12
ATR(20)%10.49%
ATR Inc72.28%
Range Today0.27
ADR(20)0.12
ADR(20)%10.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.27
Mansfield-2.17
10 Day High1.36
10 Day Low0.99
20 Day High1.43
20 Day Low0.99
52 Week High2.19
52 Week Low0.55
CS1 End1
CR1 Start1.22
Volume & EV
DER(3)1.62%
DER(5)0.83%
Volume493.70K
Volume Incr32.81%
Vol(5)251.12K
Vol(50)197.01K