MILLENNIAL MEDIA INC (MM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MM -
Overall MM gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MM is a bad performer.
Although the technical rating is only medium, MM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.75, a Stop Loss order could be placed below this zone.
More info and screens
1.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.22 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.89 to 1.90. 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 | UP | POSITIVE | The long term trend for MM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MM is up. |
| ChartMill Relative Strength | 30.65 | NEUTRAL | MM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.63 | NEUTRAL | The RSI value for MM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for MM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for MM suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.77 | 1.73 | 0.04 (2.26%) | 25.00% |
| An entry @1.77. This is a Buy Stop order right above the 10 day high. | An exit @1.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 2.26%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:MM (10/22/2015, 8:14:19 PM)
1.75
0 (0%)
MILLENNIAL MEDIA INC / MM FAQ
What is the ChartMill technical rating of MILLENNIAL MEDIA INC (MM) stock?
ChartMill assigns a technical rating of 6 / 10 to MM.
What is the trend direction for MM stock?
The current trend direction for MILLENNIAL MEDIA INC (MM) is Bullish.
Can you provide the RSI signal for MILLENNIAL MEDIA INC?
MILLENNIAL MEDIA INC (MM) has an RSI value of 60.633. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MILLENNIAL MEDIA INC?
The MACD indicator for MILLENNIAL MEDIA INC (MM) has a value of -0.00815173, indicating a bearish trend.
Can you provide the short term momentum for MILLENNIAL MEDIA INC?
The short term momentum for MILLENNIAL MEDIA INC (MM) is positive.