MAINSTREET BANCSHARES INC (MNSB) Stock Technical Analysis
NASDAQ:MNSB - Nasdaq - US56064Y1001 - Common Stock - Currency: USD
Overall MNSB gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MNSB is showing a nice and steady performance.
Warning: MNSB has an average volume of 20868 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MNSB is part of the Banks industry. There are 395 other stocks in this industry. MNSB outperforms 75% of them.
MNSB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MNSB is performing more or less in line with the market.
MNSB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, MNSB did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, MNSB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.37, a Stop Loss order could be placed below this zone.
More info and screens
19.08
19.57
When analyzing the support we notice one important area.
- A support zone ranging from 19.27 to 19.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for MNSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNSB is up. |
| ChartMill Relative Strength | 85.67 | POSITIVE | MNSB has a high relative strength, it outperformed 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNSB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.51 | NEUTRAL | The RSI value for MNSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MNSB has a negative trend. |
| Stochastics (14,3) | 53.95 | NEUTRAL | The Stochastics value for MNSB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for MNSB suggests some volalility. |
| Average Directional Index/ADX (14) | 31 | POSITIVE | The high ADX value value for MNSB 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.99 | 19.26 | 0.73 (3.65%) | 25.00% |
| An entry @19.99. This is a Buy Stop order right above the 10 day high. | An exit @19.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.73 points, which is 3.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of MNSB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MNSB (5/27/2025, 8:00:01 PM)
19.38
-0.02 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.1%
1 Week0.41%
2 Weeks-0.31%
1 Month1.47%
3 Month17.6%
6 Month4.25%
12 Month14.67%
2 Year-8.02%
3 Year-21.77%
5 Year46.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%3.63%
ATR Inc-32.59%
Range Today0.37
ADR(20)0.69
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.67
Mansfield0.65
10 Day High19.98
10 Day Low18.73
20 Day High20.09
20 Day Low18.65
52 Week High20.88
52 Week Low15
CS1 End19.37
CR1 StartN/A
Volume & EV
DER(3)0.78%
DER(5)0.69%
Volume36.00K
Volume Incr-25.02%
Vol(5)22.66K
Vol(50)20.87K