MIXED MARTIAL ARTS GROUP LTD (MMA) Stock Technical Analysis
USA - NYSEARCA:MMA - AU0000319329 - Common Stock
Overall MMA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MMA is only an average performer.
Besides having an excellent technical rating, MMA also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MMA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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3 important support areas can be observed.
- A support zone ranging from 1.37 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.91 from a trend line in the weekly time frame.
- Support @0.89 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.58 from a trend line in the weekly time frame.
- Resistance @1.61 from a trend line in the daily time frame.
- Resistance @1.66 from a horizontal line in the daily time frame.
- Resistance @1.71 from a horizontal 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 | UP | POSITIVE | The long term trend for MMA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMA is neutral. |
| ChartMill Relative Strength | 79.75 | POSITIVE | MMA has a high relative strength, it outperformed 79.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MMA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.82 | NEUTRAL | The RSI value for MMA is a neutral value. |
| 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) | 35.81 | NEUTRAL | The Stochastics value for MMA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for MMA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.95 | POSITIVE | The high ADX value value for MMA suggests a strong trend. |
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 |
|---|---|---|---|
| 1.59 | 1.36 | 0.23 (14.47%) | 6.91% |
| An entry @1.59. This is a Buy Stop order right above the resistance zone. | An exit @1.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 14.47%. | When investing 6.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
1.52
-0.01 (-0.65%)
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 7 / 10 to MMA.
What is the current trend direction of MIXED MARTIAL ARTS GROUP LTD (MMA) stock?
The current trend direction for MIXED MARTIAL ARTS GROUP LTD (MMA) is Bullish.
What is the RSI signal for MMA stock?
MIXED MARTIAL ARTS GROUP LTD (MMA) has an RSI value of 51.819. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MIXED MARTIAL ARTS GROUP LTD?
The MACD indicator for MIXED MARTIAL ARTS GROUP LTD (MMA) has a value of -0.0160936, indicating a bearish trend.
What is the short term momentum for MMA stock?
The short term momentum for MIXED MARTIAL ARTS GROUP LTD (MMA) is neutral.