Malvern Bancorp Inc (MLVF) Stock Technical Analysis
NASDAQ:MLVF - US5614091032 - Common Stock
16.97 USD
+0.04 (+0.24%)
Overall MLVF gets a technical rating of 6 out of 10. MLVF has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: MLVF has an average volume of 12932 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MLVF has a been trading in the 14.92 - 17.15 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MLVF is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MLVF is part of the Banks industry. There are 395 other stocks in this industry, MLVF did better than 55% of them.
MLVF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLVF is lagging the market.
Volume is considerably higher in the last couple of days.
MLVF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.14
18.18
We found 3 important support areas.
- A support zone ranging from 14.92 to 15.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.65 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.28 to 14.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.76 to 18.00. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MLVF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLVF is up. |
| ChartMill Relative Strength | 71.24 | POSITIVE | MLVF has a high relative strength, it outperformed 71.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLVF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLVF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLVF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.51 | NEUTRAL | The RSI value for MLVF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests MLVF has a positive trend. |
| Stochastics (14,3) | 93.38 | OVERBOUGHT | The high Stochastics value suggests MLVF may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for MLVF suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for MLVF suggests a possible start of a new 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)
NASDAQ:MLVF (7/14/2023, 8:00:02 PM)
16.97
+0.04 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.24%
1 Week5.8%
2 Weeks9.77%
1 Month6.73%
3 Month13.13%
6 Month-4.98%
12 Month6.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.08%
ATR Inc27.01%
Range Today0.2
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.24
Mansfield-0.43
10 Day High17.15
10 Day Low15.33
20 Day High17.15
20 Day Low14.92
52 Week High18.45
52 Week Low14.06
CS1 End15.15
CR1 Start17.76
Volume & EV
DER(3)-0.08%
DER(5)-0.46%
Volume44.60K
Volume Incr174.54%
Vol(5)36.94K
Vol(50)12.93K