MACKENZIE REALTY CAPITAL INC (MKZR) Technical Analysis
NASDAQ:MKZR • US55453W5013
We assign a technical rating of 0 out of 10 to MKZR. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MKZR is a bad performer in the overall market: 94% of all stocks are doing better.
- MKZR is one of the lesser performing stocks in the Diversified REITs industry. 93% of 122 stocks in the same industry do better.
- MKZR 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 MKZR has a been trading in the 3.44 - 4.33 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.
Although the technical rating is bad, MKZR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.53
We can see 4 important resistance areas.
- Resistance @3.92 from a trend line in the daily time frame.
- A resistance zone ranging from 4.02 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.15 to 4.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.98 from a horizontal 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 MKZR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKZR is down. |
| ChartMill Relative Strength | 6.45 | NEGATIVE | MKZR has a low relative strength, it was outperformed by 93.55% 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MKZR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.73 | NEUTRAL | The RSI value for MKZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MKZR has a negative trend. |
| Stochastics (14,3) | 8.65 | OVERSOLD | The low Stochastics value suggests MKZR may be oversold. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for MKZR suggests high volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for MKZR suggests a weak or negative trend. |
MKZR Technicals: Chart, Performance Metrics, Trend & Indicators
3.57
+0.05 (+1.42%)
MACKENZIE REALTY CAPITAL INC / MKZR FAQ
What is the ChartMill technical rating of MACKENZIE REALTY CAPITAL INC (MKZR) stock?
ChartMill assigns a technical rating of 0 / 10 to MKZR.
Can you provide the trend direction for MACKENZIE REALTY CAPITAL INC?
The current trend direction for MACKENZIE REALTY CAPITAL INC (MKZR) is Bearish.
Can you provide the RSI signal for MACKENZIE REALTY CAPITAL INC?
MACKENZIE REALTY CAPITAL INC (MKZR) has an RSI value of 38.7314. This indicates that the stock is currently neutral.
What is the MACD signal for MKZR stock?
The MACD indicator for MACKENZIE REALTY CAPITAL INC (MKZR) has a value of -0.0202936, indicating a bearish trend.
Can you provide the support and resistance levels for MACKENZIE REALTY CAPITAL INC?
MACKENZIE REALTY CAPITAL INC (MKZR) has a resistance level at 3.92. Check the full technical report for our detailed analysis of MKZR support and resistance levels.