MULTIMETAVERSE HOLDINGS LTD (MMV) Stock Technical Analysis
NASDAQ:MMV - Nasdaq - VGG6360J1021 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MMV. In the past year, MMV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, MMV is a bad performer in the overall market: 90% of all stocks are doing better.
MMV is one of the lesser performing stocks in the Entertainment industry. 80% of 72 stocks in the same industry do better.
MMV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MMV is lagging the market.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month MMV has a been trading in the 0.42 - 1.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MMV has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.41
0.48
When analyzing the support we notice one important area.
- Support @0.41 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for MMV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMV is neutral. |
| ChartMill Relative Strength | 10.36 | NEGATIVE | MMV has a low relative strength, it was outperformed by 89.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MMV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MMV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.16 | NEUTRAL | The RSI value for MMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MMV has a negative trend. |
| Stochastics (14,3) | 46.43 | NEUTRAL | The Stochastics value for MMV is a neutral value. |
| Average True Range in percent/ATR (20) | 29.42 | HIGH VOLATILITY | The high ATR as a percentage value for MMV suggests high volalility. |
| Average Directional Index/ADX (14) | 35.28 | POSITIVE | The high ADX value value for MMV 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)
0.48
-0.5 (-51.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-51.02%
1 Week-52.48%
2 Weeks-53.4%
1 Month9.94%
3 Month1.05%
6 Month-11.05%
12 Month-57.14%
2 Year-78.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%29.42%
ATR Inc130.39%
Range Today0.46
ADR(20)0.14
ADR(20)%28.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.36
Mansfield-3.4
10 Day High1.16
10 Day Low0.48
20 Day High1.16
20 Day Low0.42
52 Week High2.05
52 Week Low0.32
CS1 End0.41
CR1 StartN/A
Volume & EV
DER(3)3.86%
DER(5)3.78%
Volume1.57M
Volume Incr-1.08%
Vol(5)489.90K
Vol(50)637.88K