MNTN INC-A (MNTN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MNTN - US55318A1088 - Common Stock
Overall MNTN gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MNTN is a bad performer in the overall market: 89% of all stocks are doing better.
- MNTN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MNTN has a been trading in the 9.92 - 12.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MNTN is part of the Media industry. There are 93 other stocks in this industry, MNTN did better than 43% of them.
The technical rating of MNTN is bad and it also does not present a quality setup 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
9.95
2 important resistance areas can be observed.
- Resistance @11.82 from a trend line in the daily time frame.
- Resistance @12.19 from a trend line 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 | 11.38 | NEGATIVE | MNTN has a low relative strength, it was outperformed by 88.62% 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) | DOWN | NEGATIVE | The current price of MNTN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.97 | OVERSOLD | The low RSI value suggests MNTN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MNTN has a negative trend. |
| Stochastics (14,3) | 7.54 | OVERSOLD | The low Stochastics value suggests MNTN may be oversold. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for MNTN suggests some volalility. |
| Average Directional Index/ADX (14) | 40.9 | POSITIVE | The high ADX value value for MNTN suggests a strong trend. |
10.05
-0.3 (-2.9%)
MNTN INC-A / MNTN FAQ
What is the technical rating for MNTN stock?
ChartMill assigns a technical rating of 0 / 10 to MNTN.
Can you provide the trend direction for MNTN INC-A?
The current trend direction for MNTN INC-A (MNTN) is Bearish.
What is the RSI signal for MNTN INC-A (MNTN) stock?
MNTN INC-A (MNTN) has an RSI value of 26.9661. This indicates that the stock is currently oversold.
What is the MACD signal for MNTN INC-A (MNTN) stock?
The MACD indicator for MNTN INC-A (MNTN) has a value of -0.141871, indicating a bearish trend.
What is the short term momentum for MNTN INC-A (MNTN) stock?
The short term momentum for MNTN INC-A (MNTN) is negative.