META MATERIALS INC (MMAT)
US59134N3026 - Common Stock
We assign a technical rating of 1 out of 10 to MMAT. MMAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
98% of all other stocks performed better in the past year than MMAT.
MMAT is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, of which 92% are performing better than MMAT.
MMAT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MMAT is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month MMAT has a been trading in the 2.40 - 4.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MMAT has a poor technical rating and the quality of the setup is also not perfect 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
2.68
3.78
We found 2 important support areas.
- A support zone ranging from 3.15 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.71 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.69 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.17
Mansfield-7.95
10 Day High3.28
10 Day Low2.4
20 Day High4.5
20 Day Low2.4
52 Week High29.12
52 Week Low1.8
Performance
1 Week22.96%
2 Weeks2.76%
1 Month2.93%
3 Month-45.7%
6 Month-76.68%
12 Month-82.84%
2 Year-97.37%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.45
LBB2.28
UBB3.86
META MATERIALS INC
NASDAQ:MMAT (4/29/2024, 8:43:06 AM)
3.3786
+0.22 (+6.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg6.92%
1 Week22.96%
2 Weeks2.76%
1 Month2.93%
3 Month-45.7%
6 Month-76.68%
12 Month-82.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%16.62%
ATR Inc
Range Today0.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.28
10 Day Low2.4
20 Day High4.5
20 Day Low2.4
52 Week High29.12
52 Week Low1.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.12K
Volume Incr-69.31%
Vol(5)163.20K
Vol(50)350.18K