USA - NASDAQ:MNTK - US61218C1036 - Common Stock
Overall MNTK gets a technical rating of 0 out of 10. MNTK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MNTK does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
1.71
We found 2 important support areas.
When analyzing the resistance we notice 4 important areas.
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 MNTK is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNTK is neutral. |
ChartMill Relative Strength | 4.96 | NEGATIVE | MNTK has a low relative strength, it was outperformed by 95.04% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNTK is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNTK is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNTK is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.91 | NEUTRAL | The RSI value for MNTK is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MNTK has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 40.64 | NEUTRAL | The Stochastics value for MNTK is a neutral value. |
Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for MNTK suggests high volalility. |
Average Directional Index/ADX (14) | 14.55 | NEGATIVE | The low ADX value for MNTK suggests a weak or negative trend. |
2.03
-0.08 (-3.79%)