MNTN INC-A (MNTN) Stock Technical Analysis
NYSE:MNTN • US55318A1088
We assign a technical rating of 1 out of 10 to MNTN. MNTN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 84% of all other stocks performed better in the past year than MNTN.
- MNTN 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.
- MNTN is an average performer in the Media industry, it outperforms 53% of 91 stocks in the same industry.
- In the last month MNTN has a been trading in the 7.71 - 11.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
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
10.13
When analyzing the support we notice one important area.
- A support zone ranging from 10.23 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.28 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.83 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.16 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for MNTN is neutral. |
| ChartMill Relative Strength | 16.34 | NEGATIVE | MNTN has a low relative strength, it was outperformed by 83.66% off all stocks 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) | 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) | 50.81 | NEUTRAL | The RSI value for MNTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests MNTN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.51 | NEUTRAL | The Stochastics value for MNTN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for MNTN suggests high volalility. |
| Average Directional Index/ADX (14) | 43.13 | POSITIVE | The high ADX value value for MNTN suggests a strong trend. |
10.24
-0.2 (-1.92%)
MNTN INC-A / MNTN FAQ
What is the technical rating for MNTN stock?
ChartMill assigns a technical rating of 1 / 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 50.8055. This indicates that the stock is currently neutral.
What is the MACD signal for MNTN INC-A (MNTN) stock?
The MACD indicator for MNTN INC-A (MNTN) has a value of 0.292614, 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 neutral.