NASDAQ:MKD - Nasdaq - US60852L2051 - ADR - Currency: USD
Overall MKD gets a technical rating of 0 out of 10. MKD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MKD has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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When analyzing the resistance we notice one important area.
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 MKD is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKD is down. |
ChartMill Relative Strength | 3.39 | NEGATIVE | MKD has a low relative strength, it was outperformed by 96.61% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKD is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKD is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MKD is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 37.04 | NEUTRAL | The RSI value for MKD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MKD has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 5.03 | OVERSOLD | The low Stochastics value suggests MKD may be oversold. |
Average True Range in percent/ATR (20) | 15.42 | HIGH VOLATILITY | The high ATR as a percentage value for MKD suggests high volalility. |
Average Directional Index/ADX (14) | 14.34 | NEGATIVE | The low ADX value for MKD suggests a weak or negative trend. |
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+0.01 (+2.5%)