MNTN INC-A (MNTN) Stock Technical Analysis
NYSE:MNTN - New York Stock Exchange, Inc. - US29978K1025 - Common Stock - Currency: USD
Taking everything into account, MNTN scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MNTN is only an average performer.
Warning: MNTN has an average volume of 12079 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by MNTN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MNTN is leading the market.
When compared to the yearly performance of all other stocks, MNTN outperforms 45% of them, which is more or less in line with the market.
In the last month MNTN has a been trading in a tight range between 11.32 and 11.82.
Considerably lower volume is observed in the last couple of days.
Although MNTN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.73
27.99
3 important support areas can be observed.
- A support zone ranging from 11.66 to 11.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.23 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.84 to 10.92. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for MNTN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNTN is up. |
| ChartMill Relative Strength | 45.19 | NEUTRAL | MNTN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNTN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNTN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.12 | OVERBOUGHT | The high RSI value suggests MNTN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MNTN has a positive trend. |
| Stochastics (14,3) | 38.94 | NEUTRAL | The Stochastics value for MNTN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for MNTN suggests low volalility. |
| Average Directional Index/ADX (14) | 48.89 | POSITIVE | The high ADX value value for MNTN suggests a strong 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)
27.71
+1.35 (+5.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.12%
1 Week2.11%
2 Weeks1.75%
1 Month2.37%
3 Month3.4%
6 Month3.37%
12 Month7.37%
2 Year14.55%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.55%
ATR Inc81.1%
Range Today7.93
ADR(20)0.05
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.19
Mansfield-0.83
10 Day High11.83
10 Day Low11.32
20 Day High11.83
20 Day Low11.32
52 Week High12.18
52 Week Low10.82
CS1 End11.45
CR1 Start11.66
Volume & EV
DER(3)0%
DER(5)-11.06%
Volume4.01M
Volume Incr-82.65%
Vol(5)2.24K
Vol(50)12.08K