Monaker Group Inc (MKGI) Stock Technical Analysis
NASDAQ:MKGI - Nasdaq -
Overall MKGI gets a technical rating of 0 out of 10. MKGI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than MKGI.
MKGI is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 79% of 131 stocks in the same industry do better.
MKGI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MKGI has a been trading in the 2.06 - 2.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
MKGI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
2.00
2.48
We found 3 important support areas.
- Support @2.25 from a horizontal line in the weekly time frame.
- Support @2.11 from a horizontal line in the daily time frame.
- Support @2.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.27 to 2.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.46 to 2.46. 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 | DOWN | NEGATIVE | The long term trend for MKGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKGI is down. |
| ChartMill Relative Strength | 8.32 | NEGATIVE | MKGI has a low relative strength, it was outperformed by 91.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MKGI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.34 | NEUTRAL | The RSI value for MKGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MKGI has a positive trend. |
| Stochastics (14,3) | 36.55 | NEUTRAL | The Stochastics value for MKGI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for MKGI suggests high volalility. |
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)
2.27
+0.15 (+7.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg7.08%
1 Week1.34%
2 Weeks2.25%
1 Month-6.2%
3 Month-23.57%
6 Month-15.93%
12 Month-7.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.63%
ATR Inc21.39%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.32
Mansfield-2.48
10 Day High2.45
10 Day Low2.1
20 Day High2.5
20 Day Low2.06
52 Week High4.99
52 Week Low1.93
CS1 End2.25
CR1 Start2.27
Volume & EV
DER(3)-4.06%
DER(5)-3.14%
Volume149.80K
Volume Incr-36.05%
Vol(5)155.38K
Vol(50)239.11K