Overall MNSB gets a technical rating of 1 out of 10. MNSB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MNSB has a poor technical rating and the quality of the setup is also only medium 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
17.94
We found 1 important support area.
- A support zone ranging from 18.12 to 18.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.94 to 18.94. 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 | NEUTRAL | NEUTRAL | The long term trend for MNSB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNSB is neutral. |
| ChartMill Relative Strength | 31.49 | NEUTRAL | MNSB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MNSB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNSB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MNSB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.15 | NEUTRAL | The RSI value for MNSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MNSB has a positive trend. |
| Stochastics (14,3) | 53.49 | NEUTRAL | The Stochastics value for MNSB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MNSB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.22 | NEUTRAL | The ADX value for MNSB suggests a possible start of a new trend. |
18.93
+0.32 (+1.72%)
MAINSTREET BANCSHARES INC / MNSB FAQ
What is the ChartMill technical rating of MAINSTREET BANCSHARES INC (MNSB) stock?
ChartMill assigns a technical rating of 1 / 10 to MNSB.
What is the trend direction for MNSB stock?
The current trend direction for MAINSTREET BANCSHARES INC (MNSB) is Bearish.
What is the RSI signal for MAINSTREET BANCSHARES INC (MNSB) stock?
MAINSTREET BANCSHARES INC (MNSB) has an RSI value of 53.1479. This indicates that the stock is currently neutral.
What is the support and resistance level for MNSB stock?
MAINSTREET BANCSHARES INC (MNSB) has a support level at 18.52 and a resistance level at 18.94. Check the full technical report for our detailed analysis of MNSB support and resistance levels.