MAINSTREET BANCSHARES INC (MNSB) Stock Technical Analysis
NASDAQ:MNSB - Nasdaq - US56064Y1001 - Common Stock - Currency: USD
Overall MNSB gets a technical rating of 8 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.
Besides having an excellent technical rating, MNSB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MNSB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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18.71
When analyzing the support we notice one important area.
- A support zone ranging from 18.90 to 18.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.27 to 19.32. 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 | 83.58 | POSITIVE | MNSB has a high relative strength, it outperformed 83.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNSB is below a declining 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) | 50.86 | NEUTRAL | The RSI value for MNSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MNSB has a negative trend. |
| Stochastics (14,3) | 18.63 | OVERSOLD | The low Stochastics value suggests MNSB may be oversold. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for MNSB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for MNSB suggests a strong trend. |
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 |
|---|---|---|---|
| 19.33 | 18.89 | 0.44 (2.28%) | 25.00% |
| An entry @19.33. This is a Buy Stop order right above the resistance zone. | An exit @18.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 2.28%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (5/30/2025, 8:17:15 PM)
18.91
-0.04 (-0.21%)