METROMILE INC (MILE)

US5916971071 - Common Stock

1.05  +0.07 (+7.67%)

After market: 1.02 -0.03 (-2.86%)

Technical Rating and Analysis

3

Taking everything into account, MILE scores 3 out of 10 in our technical rating. In the past year, MILE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MILE is a bad performer in the overall market: 89% of all stocks are doing better.
MILE is one of the lesser performing stocks in the Insurance industry. 89% of 140 stocks in the same industry do better.
MILE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MILE has a been trading in the 0.85 - 1.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MILE Weekly chart
MILE Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, MILE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for MILE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

0.93

1.14

2 important support areas can be observed.

  • A support zone ranging from 0.97 to 0.99. 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 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @1.06 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.32
Mansfield-4.6
10 Day High1.07
10 Day Low0.93
20 Day High1.14
20 Day Low0.85
52 Week High7.32
52 Week Low0.75
Performance
1 Week0%
2 Weeks5%
1 Month9.38%
3 Month6.99%
6 Month-30.46%
12 Month-85.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.68
LBB0.92
UBB1.07
MILE Daily chart

METROMILE INC

NASDAQ:MILE (7/27/2022, 7:12:46 PM)

After market: 1.02 -0.03 (-2.86%)

1.05

+0.07 (+7.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg7.67%
1 Week0%
2 Weeks5%
1 Month9.38%
3 Month6.99%
6 Month-30.46%
12 Month-85.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%7.56%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.07
10 Day Low0.93
20 Day High1.14
20 Day Low0.85
52 Week High7.32
52 Week Low0.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.76M
Volume Incr-43.77%
Vol(5)604.44K
Vol(50)962.29K