NASDAQ:MNRO - Nasdaq - US6102361010 - Common Stock - Currency: USD
Taking everything into account, MNRO scores 4 out of 10 in our technical rating. In the past year, MNRO 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.
MNRO 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.
15.29
When analyzing the support we notice one important area.
3 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 | DOWN | NEGATIVE | The long term trend for MNRO is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNRO is up. |
ChartMill Relative Strength | 14.05 | NEGATIVE | MNRO has a low relative strength, it was outperformed by 85.95% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNRO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNRO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNRO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.14 | NEUTRAL | The RSI value for MNRO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests MNRO has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 64.8 | NEUTRAL | The Stochastics value for MNRO is a neutral value. |
Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for MNRO suggests high volalility. |
Average Directional Index/ADX (14) | 27.94 | POSITIVE | The high ADX value value for MNRO suggests a strong trend. |
15.65
+0.03 (+0.19%)