MACKENZIE REALTY CAPITAL INC (MKZR) Stock Technical Analysis
NASDAQ:MKZR - Nasdaq - US55453W1053 - REIT - Currency: USD
Taking everything into account, MKZR scores 0 out of 10 in our technical rating. MKZR'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.
When comparing the yearly performance of all stocks, MKZR is a bad performer in the overall market: 100% of all stocks are doing better.
MKZR is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 96% are performing better than MKZR.
MKZR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MKZR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.67. Right above this resistance zone may be a good entry point.
More info and screens
0.62
0.69
When analyzing the support we notice one important area.
- A support zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 MKZR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKZR is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MKZR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKZR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKZR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for MKZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MKZR has a positive trend. |
| Stochastics (14,3) | 46.08 | NEUTRAL | The Stochastics value for MKZR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.76 | HIGH VOLATILITY | The high ATR as a percentage value for MKZR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.62 | POSITIVE | The high ADX value value for MKZR 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)
0.67
+0.01 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.9%
1 Week4.52%
2 Weeks-0.77%
1 Month-14.1%
3 Month-50.37%
6 Month-75.19%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%9.76%
ATR Inc-48.82%
Range Today0.02
ADR(20)0.06
ADR(20)%9.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.73
10 Day Low0.62
20 Day High0.81
20 Day Low0.6
52 Week HighN/A
52 Week LowN/A
CS1 End0.63
CR1 Start0.67
Volume & EV
DER(3)-8.99%
DER(5)-1.12%
Volume54.00K
Volume Incr41.53%
Vol(5)83.20K
Vol(50)57.42K