MAINSTREET BANCSHARES INC (MNSB) Stock Technical Analysis
USA - NASDAQ:MNSB - US56064Y1001 - Common Stock
21.27 USD
-0.15 (-0.7%)
21.27 USD
0 (0%)
Taking everything into account, MNSB scores 6 out of 10 in our technical rating. In the last year, MNSB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MNSB has a been trading in the 20.88 - 22.98 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MNSB has an average volume of 24939 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, MNSB did better than 74% of all other stocks.
MNSB is one of the better performing stocks in the Banks industry, it outperforms 71% of 392 stocks in the same industry.
MNSB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNSB is lagging the market slightly.
Volume is considerably higher in the last couple of days.
MNSB 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.
More info and screens
20.73
23.16
When analyzing the support we notice one important area.
- A support zone ranging from 20.94 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.62 to 22.93. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for MNSB is neutral. |
| ChartMill Relative Strength | 74.96 | POSITIVE | MNSB has a high relative strength, it outperformed 74.96% 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) | 45.26 | NEUTRAL | The RSI value for MNSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MNSB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.63 | NEUTRAL | The Stochastics value for MNSB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for MNSB suggests low volalility. |
| Average Directional Index/ADX (14) | 23.55 | NEUTRAL | The ADX value for MNSB suggests a possible start of a new 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)
21.27
-0.15 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.7%
1 Week0.28%
2 Weeks-2.97%
1 Month-6.3%
3 Month12.54%
6 Month26.16%
12 Month17.13%
2 Year3.55%
3 Year-6.75%
5 Year73.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.96%
ATR Inc33.87%
Range Today0.69
ADR(20)0.41
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.96
Mansfield0.28
10 Day High21.98
10 Day Low20.88
20 Day High22.98
20 Day Low20.88
52 Week High22.98
52 Week Low15
CS1 End21.26
CR1 Start22.62
Volume & EV
DER(3)0.85%
DER(5)0.08%
Volume39.29K
Volume Incr298.61%
Vol(5)73.90K
Vol(50)24.94K