We assign a technical rating of 5 out of 10 to MKTW. Although MKTW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, MKTW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 16.42, a Stop Loss order could be placed below this zone.
9.89
We found 5 important support areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for MKTW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MKTW is neutral. |
| ChartMill Relative Strength | 88.4 | POSITIVE | MKTW has a high relative strength, it outperformed 88.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MKTW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKTW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.42 | NEUTRAL | The RSI value for MKTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MKTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.68 | OVERSOLD | The low Stochastics value suggests MKTW may be oversold. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MKTW suggests some volalility. |
| Average Directional Index/ADX (14) | 34.97 | POSITIVE | The high ADX value value for MKTW suggests a strong trend. |
16.49
+0.49 (+3.06%)
ChartMill assigns a technical rating of 5 / 10 to MKTW.
The current trend direction for MARKETWISE INC (MKTW) is Bearish.
MARKETWISE INC (MKTW) has an RSI value of 54.4219. This indicates that the stock is currently neutral.
The short term momentum for MARKETWISE INC (MKTW) is neutral.