MOUNTAIN LAKE ACQUISITION CO (MLACR) Stock Technical Analysis
NASDAQ:MLACR
Overall MLACR gets a technical rating of 1 out of 10. MLACR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than MLACR.
- Warning: MLACR has an average volume of 18504 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month MLACR has a been trading in the 0.21 - 0.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MLACR does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.31 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 | NEUTRAL | NEUTRAL | The long term trend for MLACR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLACR is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MLACR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLACR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLACR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.5 | NEUTRAL | The RSI value for MLACR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MLACR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.62 | NEUTRAL | The Stochastics value for MLACR is a neutral value. |
| Average True Range in percent/ATR (20) | 13.9 | HIGH VOLATILITY | The high ATR as a percentage value for MLACR suggests high volalility. |
| Average Directional Index/ADX (14) | 31.28 | POSITIVE | The high ADX value value for MLACR suggests a strong trend. |
0.29
0 (-0.72%)
MOUNTAIN LAKE ACQUISITION CO / MLACR FAQ
What is the ChartMill technical rating of MOUNTAIN LAKE ACQUISITION CO (MLACR) stock?
ChartMill assigns a technical rating of 1 / 10 to MLACR.
What is the current trend direction of MOUNTAIN LAKE ACQUISITION CO (MLACR) stock?
The current trend direction for MOUNTAIN LAKE ACQUISITION CO (MLACR) is Bearish.
What is the RSI signal for MLACR stock?
MOUNTAIN LAKE ACQUISITION CO (MLACR) has an RSI value of 50.5039. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOUNTAIN LAKE ACQUISITION CO?
The MACD indicator for MOUNTAIN LAKE ACQUISITION CO (MLACR) has a value of 0.00444064, indicating a bearish trend.
What is the support and resistance level for MLACR stock?
MOUNTAIN LAKE ACQUISITION CO (MLACR) has a support level at 0.28 and a resistance level at 0.29. Check the full technical report for our detailed analysis of MLACR support and resistance levels.