MONRO INC (MNRO) Stock Technical Analysis
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.
When comparing the yearly performance of all stocks, MNRO is a bad performer in the overall market: 87% of all stocks are doing better.
MNRO is part of the Specialty Retail industry. There are 122 other stocks in this industry, of which 68% are performing better than MNRO.
MNRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MNRO has a been trading in the 13.51 - 16.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MNRO has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
13.57
26.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.28 to 14.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 15.96 to 16.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.63 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 17.20 to 17.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @25.78 from a trend line in the weekly 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 | 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 | 13.43 | NEGATIVE | MNRO has a low relative strength, it was outperformed by 86.57% 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) | 53.09 | NEUTRAL | The RSI value for MNRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MNRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.94 | NEUTRAL | The Stochastics value for MNRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MNRO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.1 | NEGATIVE | The low ADX value for MNRO suggests a weak or negative 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)
NASDAQ:MNRO (7/15/2025, 10:10:10 AM)
15.625
-0.07 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.48%
1 Week-0.51%
2 Weeks7.02%
1 Month0.32%
3 Month12.46%
6 Month-27.45%
12 Month-35.79%
2 Year-57.16%
3 Year-68.69%
5 Year-72.11%
10 Year-75.18%
15 Year-42.62%
Volatility
ATR(14)0.72
ATR(20)%4.5%
ATR Inc-30.03%
Range Today0.42
ADR(20)0.7
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.43
Mansfield-3.2
10 Day High16.78
10 Day Low14.4
20 Day High16.78
20 Day Low13.51
52 Week High31.49
52 Week Low12.2
CS1 End14.42
CR1 Start15.96
Volume & EV
DER(3)2.49%
DER(5)2.02%
Volume26.17K
Volume Incr-40.42%
Vol(5)516.68K
Vol(50)954.10K