MFS INTERMEDIATE INC TRUST (MIN) Stock Technical Analysis
NYSE:MIN - New York Stock Exchange, Inc. - US55273C1071 - Currency: USD
Overall MIN gets a technical rating of 2 out of 10. MIN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MIN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.68, a Stop Loss order could be placed below this zone.
More info and screens
2.53
2 important support areas can be observed.
- A support zone ranging from 2.65 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.56 to 2.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.71 to 2.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.79 to 2.81. 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 | NEUTRAL | NEUTRAL | The long term trend for MIN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIN is neutral. |
| ChartMill Relative Strength | 54.39 | NEUTRAL | MIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MIN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MIN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.9 | NEUTRAL | The RSI value for MIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for MIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for MIN suggests low volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for MIN suggests a weak or negative trend. |
2.68
+0.01 (+0.37%)