MNTN INC-A (MNTN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MNTN - US55318A1088 - Common Stock
We assign a technical rating of 0 out of 10 to MNTN. MNTN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MNTN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.83, a Stop Loss order could be placed below this zone.
More info and screens
11.25
We found 2 important support areas.
- A support zone ranging from 11.66 to 11.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.36 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.89 to 12.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.84 to 13.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 MNTN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNTN is down. |
| ChartMill Relative Strength | 20.47 | NEGATIVE | MNTN has a low relative strength, it was outperformed by 79.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNTN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNTN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MNTN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.48 | NEUTRAL | The RSI value for MNTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MNTN has a positive trend. |
| Stochastics (14,3) | 25.89 | NEUTRAL | The Stochastics value for MNTN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for MNTN suggests some volalility. |
| Average Directional Index/ADX (14) | 43.49 | POSITIVE | The high ADX value value for MNTN suggests a strong trend. |
11.88
-0.13 (-1.08%)
MNTN INC-A / MNTN FAQ
What is the technical rating for MNTN stock?
ChartMill assigns a technical rating of 0 / 10 to MNTN.
What is the current trend direction of MNTN INC-A (MNTN) stock?
The current trend direction for MNTN INC-A (MNTN) is Bearish.
Can you provide the RSI signal for MNTN INC-A?
MNTN INC-A (MNTN) has an RSI value of 34.4765. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MNTN INC-A?
The buy/sell signal for MNTN INC-A (MNTN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for MNTN stock?
MNTN INC-A (MNTN) has a support level at 11.83 and a resistance level at 11.89. Check the full technical report for our detailed analysis of MNTN support and resistance levels.