NYSE:MLR - US6005512040 - Common Stock
We assign a technical rating of 2 out of 10 to MLR. MLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MLR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
38.59
When analyzing the support we can see 2 important 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 | DOWN | NEGATIVE | The long term trend for MLR is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLR is neutral. |
ChartMill Relative Strength | 12.93 | NEGATIVE | MLR has a low relative strength, it was outperformed by 87.07% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MLR is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 61.56 | NEUTRAL | The RSI value for MLR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests MLR has a positive trend. |
Stochastics (14,3) | 91.2 | OVERBOUGHT | The high Stochastics value suggests MLR may be overbought. |
Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MLR suggests some volalility. |
Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for MLR suggests a possible start of a new trend. |
44.86
+1.96 (+4.57%)