Malvern Bancorp Inc (MLVF) Technical Analysis
NASDAQ:MLVF • US5614091032
Current stock price
MLVF Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to MLVF. 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 380 other stocks in this industry, MLVF did better than 53% of them.
- MLVF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLVF is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
MLVF Weekly and Daily overview Charts
MLVF Setup Rating and Analysis
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
MLVF Support and Resistance Analysis
14.14
When analyzing the support we can see 3 important 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.
MLVF Technical Indicator Signal Analysis
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. |
MLVF Chart- and CandleStick Pattern Analysis
MLVF Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MLVF (7/14/2023, 8:00:02 PM)
16.97
+0.04 (+0.24%)
Malvern Bancorp Inc / MLVF TA FAQ
What is the ChartMill technical rating of Malvern Bancorp Inc (MLVF) stock?
ChartMill assigns a technical rating of 6 / 10 to MLVF.
Can you provide the trend direction for Malvern Bancorp Inc?
The current trend direction for Malvern Bancorp Inc (MLVF) is Bearish.
Can you provide the RSI signal for Malvern Bancorp Inc?
Malvern Bancorp Inc (MLVF) has an RSI value of 67.5133. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Malvern Bancorp Inc?
The MACD indicator for Malvern Bancorp Inc (MLVF) has a value of 0.122519, indicating a bearish trend.
Can you provide the support and resistance levels for Malvern Bancorp Inc?
Malvern Bancorp Inc (MLVF) has a support level at 15.15 and a resistance level at 17.76. Check the full technical report for our detailed analysis of MLVF support and resistance levels.