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MILLENNIAL MEDIA INC (MM) Stock Technical Analysis

NYSE:MM - New York Stock Exchange, Inc. -

1.75  0 (0%)

Technical Rating and Analysis

6

Overall MM gets a technical rating of 6 out of 10. Although MM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

70% of all other stocks performed better in the past year than MM.
Both the short term and long term trends are positive. This is a very positive sign.
MM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
MM has an average volume of 1781250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MM is lagging the market.
In the last month MM has a been trading in a tight range between 1.73 and 1.76.
Weekly and Daily overview Charts
MILLENNIAL MEDIA INC / MM Weekly stock chart
MILLENNIAL MEDIA INC / MM Daily stock chart
Setup Rating and Analysis

7

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.

Support and Resistance Analysis

1.21

1.92

We found 2 important support 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MM is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MM is up.
ChartMill Relative Strength30.65NEUTRALMM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of MM is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MM is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MM is above the rising SMA(200).
Relative Strength Index/RSI (14)60.63NEUTRALThe RSI value for MM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests MM has a negative trend, although the MACD value is rising.
Stochastics (14,3)50NEUTRALThe Stochastics value for MM is a neutral value.
Average True Range in percent/ATR (20)0.66LOW VOLATILITYThe low ATR as a percentage value for MM suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
1.771.730.04 (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 worst case loss on the trade is limited to 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.
MILLENNIAL MEDIA INC / MM Daily stock chart

MILLENNIAL MEDIA INC

NYSE:MM (10/22/2015, 8:14:19 PM)

1.75

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks0.57%
1 Month0%
3 Month1.74%
6 Month14.38%
12 Month-9.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.66%
ATR Inc50%
Range Today0.02
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
CRS30.65
Mansfield0.73
10 Day High1.76
10 Day Low1.74
20 Day High1.76
20 Day Low1.73
52 Week High2.09
52 Week Low1.18
CS1 End1.75
CR1 Start1.89
Volume & EV
DER(3)-2.24%
DER(5)-1.5%
Volume442.60K
Volume Incr-54.61%
Vol(5)561.04K
Vol(50)1.78M