MAIDEN HOLDINGS LTD (MHLD) Stock Technical Analysis
USA - NASDAQ:MHLD - BMG5753U1128 - Common Stock
Taking everything into account, MHLD scores 3 out of 10 in our technical rating. MHLD'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.
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.
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0.98
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.
We can see 4 important resistance 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. |
1.15
+0.15 (+15%)
MAIDEN HOLDINGS LTD / MHLD FAQ
Can you provide the ChartMill technical rating for MAIDEN HOLDINGS LTD?
ChartMill assigns a technical rating of 3 / 10 to MHLD.
Can you provide the trend direction for MAIDEN HOLDINGS LTD?
The current trend direction for MAIDEN HOLDINGS LTD (MHLD) is Bearish.
What is the RSI signal for MHLD stock?
MAIDEN HOLDINGS LTD (MHLD) has an RSI value of 51.1288. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MAIDEN HOLDINGS LTD?
MAIDEN HOLDINGS LTD (MHLD) has a support level at 1 and a resistance level at 1.22. Check the full technical report for our detailed analysis of MHLD support and resistance levels.