NASDAQ:MMVWW - Nasdaq - - Currency: USD
We assign a technical rating of 0 out of 10 to MMVWW. MMVWW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MMVWW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MMVWW in the last couple of days, which is a good sign.
0.02
We found 1 important support area.
We found 1 important resistance 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 | DOWN | NEGATIVE | The long term trend for MMVWW is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMVWW is down. |
ChartMill Relative Strength | 15.13 | NEGATIVE | MMVWW has a low relative strength, it was outperformed by 84.87% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMVWW is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMVWW is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMVWW is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.62 | NEUTRAL | The RSI value for MMVWW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MMVWW has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 49.51 | NEUTRAL | The Stochastics value for MMVWW is a neutral value. |
Average True Range in percent/ATR (20) | 33.33 | HIGH VOLATILITY | The high ATR as a percentage value for MMVWW suggests high volalility. |
Average Directional Index/ADX (14) | 10.91 | NEGATIVE | The low ADX value for MMVWW suggests a weak or negative trend. |
0.0251
0 (-15.77%)