MFS INTERMEDIATE INC TRUST (MIN) Technical Analysis
NYSE:MIN • US55273C1071
Current stock price
MIN Technical Rating and Analysis
Overall MIN gets a technical rating of 0 out of 10. MIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MIN is a bad performer in the overall market: 76% of all stocks are doing better.
- MIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MIN is lagging the market.
- In the last month MIN has a been trading in a tight range between 2.44 and 2.58.
MIN Weekly and Daily overview Charts
MIN Setup Rating and Analysis
Although the technical rating is bad, MIN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.46, a Stop Loss order could be placed below this zone.
More info and screens
MIN Support and Resistance Analysis
2.41
When analyzing the support we notice one important area.
- A support zone ranging from 2.43 to 2.46. 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 3 important areas.
- A resistance zone ranging from 2.49 to 2.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.55 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.78 from a horizontal line in the weekly time frame.
MIN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIN is down. |
| ChartMill Relative Strength | 24.36 | NEGATIVE | MIN has a low relative strength, it was outperformed by 75.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIN is below 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) | 45.92 | NEUTRAL | The RSI value for MIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MIN has a positive trend. |
| Stochastics (14,3) | 35.53 | NEUTRAL | The Stochastics value for MIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for MIN suggests low volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for MIN suggests a possible start of a new trend. |
MIN Chart- and CandleStick Pattern Analysis
MIN Technicals: Chart, Performance Metrics, Trend & Indicators
2.49
-0.02 (-0.8%)
MFS INTERMEDIATE INC TRUST / MIN TA FAQ
What is the technical rating for MIN stock?
ChartMill assigns a technical rating of 0 / 10 to MIN.
Can you provide the trend direction for MFS INTERMEDIATE INC TRUST?
The current trend direction for MFS INTERMEDIATE INC TRUST (MIN) is Bearish.
What is the RSI signal for MIN stock?
MFS INTERMEDIATE INC TRUST (MIN) has an RSI value of 45.9229. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MFS INTERMEDIATE INC TRUST?
The MACD indicator for MFS INTERMEDIATE INC TRUST (MIN) has a value of 0.00384446, indicating a bearish trend.
What are the support and resistance levels for MFS INTERMEDIATE INC TRUST (MIN) stock?
MFS INTERMEDIATE INC TRUST (MIN) has a support level at 2.46 and a resistance level at 2.49. Check the full technical report for our detailed analysis of MIN support and resistance levels.