MONTAUK RENEWABLES INC (MNTK)

US61218C1036 - Common Stock

4.67  +0.47 (+11.19%)

After market: 4.67 0 (0%)

Technical Rating and Analysis

2

Overall MNTK gets a technical rating of 2 out of 10. In the past year, MNTK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, MNTK is a bad performer in the overall market: 89% of all stocks are doing better.
MNTK is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 90% of 21 stocks in the same industry do better.
MNTK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MNTK has a been trading in the 3.38 - 4.82 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MNTK Weekly chart
MNTK Daily chart
Setup Rating and Analysis

0

The technical rating of MNTK is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

3.73

7.36

When analyzing the support we notice one important area.

  • A support zone ranging from 3.77 to 3.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 4.68 to 4.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @7.29 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.03
Mansfield-4.56
10 Day High4.82
10 Day Low3.57
20 Day High4.82
20 Day Low3.38
52 Week High10.95
52 Week Low3.38
Performance
1 Week17.34%
2 Weeks22.89%
1 Month14.46%
3 Month-29.56%
6 Month-27.82%
12 Month-27.26%
2 Year-63.88%
3 Year-51.86%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)65.79
LBB3.37
UBB4.46
MNTK Daily chart

MONTAUK RENEWABLES INC

NASDAQ:MNTK (5/10/2024, 7:07:09 PM)

After market: 4.67 0 (0%)

4.67

+0.47 (+11.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg11.19%
1 Week17.34%
2 Weeks22.89%
1 Month14.46%
3 Month-29.56%
6 Month-27.82%
12 Month-27.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%5.33%
ATR Inc
Range Today0.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.82
10 Day Low3.57
20 Day High4.82
20 Day Low3.38
52 Week High10.95
52 Week Low3.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume562.70K
Volume Incr14.69%
Vol(5)340.30K
Vol(50)443.55K