ADVSHRS NEWFLEET MULTSEC INC (MINC) Technical Analysis
NYSEARCA:MINC • US00768Y7278
Current stock price
MINC Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MINC. MINC 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: MINC has an average volume of 1676 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the performance of all stocks over the past year, MINC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- MINC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MINC is lagging the market.
- In the last month MINC has a been trading in a tight range between 44.53 and 44.82.
MINC Weekly and Daily overview Charts
MINC Setup Rating and Analysis
Although the technical rating is bad, MINC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 44.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.70, a Stop Loss order could be placed below this zone.
More info and screens
MINC Support and Resistance Analysis
43.80
When analyzing the support we notice one important area.
- A support zone ranging from 44.24 to 44.70. 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 one important area.
- A resistance zone ranging from 44.81 to 45.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MINC 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 MINC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MINC is down. |
| ChartMill Relative Strength | 49.17 | NEUTRAL | MINC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MINC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MINC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MINC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.17 | NEUTRAL | The RSI value for MINC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MINC has a positive trend. |
| Stochastics (14,3) | 69.53 | NEUTRAL | The Stochastics value for MINC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for MINC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.82 | NEUTRAL | The ADX value for MINC suggests a possible start of a new trend. |
MINC Chart- and CandleStick Pattern Analysis
MINC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:MINC (9/22/2023, 8:12:51 PM)
44.71
+0.01 (+0.01%)
ADVSHRS NEWFLEET MULTSEC INC / MINC TA FAQ
What is the ChartMill technical rating of ADVSHRS NEWFLEET MULTSEC INC (MINC) stock?
ChartMill assigns a technical rating of 1 / 10 to MINC.
Can you provide the trend direction for ADVSHRS NEWFLEET MULTSEC INC?
The current trend direction for ADVSHRS NEWFLEET MULTSEC INC (MINC) is Bearish.
What is the RSI signal for MINC stock?
ADVSHRS NEWFLEET MULTSEC INC (MINC) has an RSI value of 45.1749. This indicates that the stock is currently neutral.
What is the short term momentum for ADVSHRS NEWFLEET MULTSEC INC (MINC) stock?
The short term momentum for ADVSHRS NEWFLEET MULTSEC INC (MINC) is negative.
What are the support and resistance levels for ADVSHRS NEWFLEET MULTSEC INC (MINC) stock?
ADVSHRS NEWFLEET MULTSEC INC (MINC) has a support level at 44.7 and a resistance level at 44.81. Check the full technical report for our detailed analysis of MINC support and resistance levels.