MINIM INC (MINM) Stock Technical Analysis
NASDAQ:MINM - Nasdaq - US60365W2017 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MINM. MINM 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than MINM.
MINM is part of the Communications Equipment industry. There are 49 other stocks in this industry, of which 85% are performing better than MINM.
MINM 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 MINM is lagging the market.
In the last month MINM has a been trading in the 2.80 - 4.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MINM has an average volume of 1002310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of MINM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.82
4.02
2 important resistance areas can be observed.
- A resistance zone ranging from 3.33 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.98 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for MINM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MINM is neutral. |
| ChartMill Relative Strength | 15.48 | NEGATIVE | MINM has a low relative strength, it was outperformed by 84.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MINM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MINM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MINM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.89 | NEUTRAL | The RSI value for MINM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MINM has a negative trend. |
| Stochastics (14,3) | 32.07 | NEUTRAL | The Stochastics value for MINM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.72 | HIGH VOLATILITY | The high ATR as a percentage value for MINM suggests high volalility. |
| Average Directional Index/ADX (14) | 33.01 | POSITIVE | The high ADX value value for MINM suggests a strong trend. |
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)
2.85
-0.58 (-16.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-16.91%
1 Week-17.39%
2 Weeks-13.64%
1 Month-24.4%
3 Month-23.39%
6 Month28.38%
12 Month-23.18%
2 Year-67.36%
3 Year-95.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%11.72%
ATR Inc54.25%
Range Today0.63
ADR(20)0.33
ADR(20)%11.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.48
Mansfield-1.8
10 Day High3.95
10 Day Low2.8
20 Day High4.23
20 Day Low2.8
52 Week High10.28
52 Week Low0.6
CS1 EndN/A
CR1 Start3.33
Volume & EV
DER(3)8.49%
DER(5)5.87%
Volume142.50K
Volume Incr-97.64%
Vol(5)56.54K
Vol(50)1.00M