Overall MMA gets a technical rating of 0 out of 10. MMA 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MMA is a bad performer in the overall market: 91% of all stocks are doing better.
- MMA is part of the Diversified Consumer Services industry. There are 76 other stocks in this industry, of which 65% are performing better than MMA.
- MMA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MMA has a been trading in the 0.66 - 1.17 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of MMA 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.
More info and screens
0.71
2 important resistance areas can be observed.
- A resistance zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.36 from a trend line in the weekly time frame.
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 MMA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMA is down. |
| ChartMill Relative Strength | 9.12 | NEGATIVE | MMA has a low relative strength, it was outperformed by 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.35 | OVERSOLD | The low RSI value suggests MMA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.82 | OVERSOLD | The low Stochastics value suggests MMA may be oversold. |
| Average True Range in percent/ATR (20) | 9.29 | HIGH VOLATILITY | The high ATR as a percentage value for MMA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.45 | NEUTRAL | The ADX value for MMA suggests a possible start of a new trend. |
0.7137
+0.03 (+4.19%)
MIXED MARTIAL ARTS GROUP LTD / MMA FAQ
Can you provide the ChartMill technical rating for MIXED MARTIAL ARTS GROUP LTD?
ChartMill assigns a technical rating of 0 / 10 to MMA.
Can you provide the trend direction for MIXED MARTIAL ARTS GROUP LTD?
The current trend direction for MIXED MARTIAL ARTS GROUP LTD (MMA) is Bearish.
What is the RSI signal for MMA stock?
MIXED MARTIAL ARTS GROUP LTD (MMA) has an RSI value of 28.3456. This indicates that the stock is currently oversold.
What is the MACD signal for MMA stock?
The MACD indicator for MIXED MARTIAL ARTS GROUP LTD (MMA) has a value of -0.0173378, indicating a bearish trend.
Can you provide the short term momentum for MIXED MARTIAL ARTS GROUP LTD?
The short term momentum for MIXED MARTIAL ARTS GROUP LTD (MMA) is negative.