NYSE:MMI - US5663241090 - Common Stock
We assign a technical rating of 6 out of 10 to MMI. MMI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MMI has an average technical rating and the quality of the presented setup is also not ideal 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.
27.27
We found 3 important support areas.
2 important resistance areas can be observed.
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 MMI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMI is up. |
ChartMill Relative Strength | 26.01 | NEGATIVE | MMI has a low relative strength, it was outperformed by 73.99% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.02 | NEUTRAL | The RSI value for MMI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MMI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 91.77 | OVERBOUGHT | The high Stochastics value suggests MMI may be overbought. |
Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for MMI suggests some volalility. |
Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for MMI suggests a weak or negative trend. |
32.59
-0.06 (-0.18%)