MIXED MARTIAL ARTS GROUP LTD (MMA) Stock Technical Analysis
NYSEARCA:MMA - NYSE Arca - AU0000319329 - Common Stock - Currency: USD
Overall MMA gets a technical rating of 6 out of 10. In the last year, MMA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, MMA is a bad performer in the overall market: 96% of all stocks are doing better.
MMA is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, of which 78% are performing better than MMA.
MMA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MMA has a been trading in the 0.96 - 1.58 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MMA has an average technical rating and it also does not offer a high 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
0.78
1.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.84 from a trend line in the daily time frame.
- A support zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.52 to 1.52. 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 | NEUTRAL | NEUTRAL | The long term trend for MMA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMA is up. |
| ChartMill Relative Strength | 4.8 | NEGATIVE | MMA has a low relative strength, it was outperformed by 95.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMA is above 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) | DOWN | MIXED | The current price of MMA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.57 | NEUTRAL | The RSI value for MMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MMA has a positive trend. |
| Stochastics (14,3) | 71.25 | NEUTRAL | The Stochastics value for MMA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for MMA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.08 | POSITIVE | The high ADX value value for MMA suggests a strong trend. |
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)
1.35
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0%
1 Week8%
2 Weeks21.62%
1 Month18.42%
3 Month-11.18%
6 Month5.47%
12 Month-59.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%9.91%
ATR Inc28.27%
Range Today0.27
ADR(20)0.13
ADR(20)%9.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.8
Mansfield-2.1
10 Day High1.58
10 Day Low1.04
20 Day High1.58
20 Day Low0.96
52 Week High4.11
52 Week Low0.6
CS1 End1.18
CR1 Start1.52
Volume & EV
DER(3)3.06%
DER(5)-7.3%
Volume1.99M
Volume Incr233.6%
Vol(5)1.45M
Vol(50)372.85K