Mma Capital Mngt (MMAC) Technical Analysis
NASDAQ:MMAC
Current stock price
MMAC Technical Rating and Analysis
Taking everything into account, MMAC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MMAC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- MMAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MMAC is leading the market.
- When comparing the yearly performance of all stocks, we notice that MMAC is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month MMAC has a been trading in a tight range between 27.10 and 27.80.
MMAC Weekly and Daily overview Charts
MMAC Setup Rating and Analysis
MMAC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MMAC Support and Resistance Analysis
26.74
We found 1 important support area.
- A support zone ranging from 27.01 to 27.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.78 to 27.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
MMAC 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MMAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMAC is up. |
| ChartMill Relative Strength | 80.08 | POSITIVE | MMAC has a high relative strength, it outperformed 80.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.86 | OVERBOUGHT | The high RSI value suggests MMAC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MMAC has a negative trend. |
| Stochastics (14,3) | 92.47 | OVERBOUGHT | The high Stochastics value suggests MMAC may be overbought. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for MMAC suggests low volalility. |
MMAC Chart- and CandleStick Pattern Analysis
MMAC 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.79 | 27.34 | 0.45 (1.62%) | 25.00% |
| An entry @27.79. This is a Buy Stop order right above the resistance zone. | An exit @27.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 1.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- 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.
MMAC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MMAC (8/12/2021, 8:00:00 PM)
27.77
+0.01 (+0.04%)
Mma Capital Mngt / MMAC TA FAQ
What is the ChartMill technical rating of Mma Capital Mngt (MMAC) stock?
ChartMill assigns a technical rating of 8 / 10 to MMAC.
What is the current trend direction of Mma Capital Mngt (MMAC) stock?
The current trend direction for Mma Capital Mngt (MMAC) is Bullish.
What is the RSI signal for Mma Capital Mngt (MMAC) stock?
Mma Capital Mngt (MMAC) has an RSI value of 79.8634. This indicates that the stock is currently overbought.
What is the short term momentum for MMAC stock?
The short term momentum for Mma Capital Mngt (MMAC) is positive.
What is the buy/sell signal for Mma Capital Mngt (MMAC) stock?
The buy/sell signal for Mma Capital Mngt (MMAC) is buy as both the short term and long term trends are positive.