USA - NASDAQ:MMV - VGG6360J1021 - Common Stock
Taking everything into account, MMV scores 4 out of 10 in our technical rating. 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.
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.
0.41
When analyzing the support we notice one important area.
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. |
0.48
-0.5 (-51.02%)
ChartMill assigns a technical rating of 4 / 10 to MMV.
The current trend direction for MULTIMETAVERSE HOLDINGS LTD (MMV) is Bearish.
MULTIMETAVERSE HOLDINGS LTD (MMV) has an RSI value of 39.1641. This indicates that the stock is currently neutral.
The MACD indicator for MULTIMETAVERSE HOLDINGS LTD (MMV) has a value of -0.0305937, indicating a bearish trend.
The short term momentum for MULTIMETAVERSE HOLDINGS LTD (MMV) is neutral.