MNTN INC-A (MNTN) Stock Technical Analysis
NYSE:MNTN - US55318A1088 - Common Stock
20.89 USD
+0.91 (+4.55%)
21 USD
+0.11 (+0.53%)
Overall MNTN gets a technical rating of 5 out of 10. In the last year, MNTN was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MNTN has a been trading in the 19.25 - 32.00 range, which is quite wide. It is currently trading near the lows of this range.
MNTN is part of the Media industry. There are 99 other stocks in this industry. MNTN outperforms 87% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, MNTN did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MNTN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNTN is lagging the market.
MNTN has an average technical rating and it also does not offer a high 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
11.13
23.23
3 important support areas can be observed.
- Support @20.41 from a horizontal line in the weekly time frame.
- Support @19.98 from a horizontal line in the daily time frame.
- A support zone ranging from 11.24 to 11.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.00 to 23.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for MNTN is down. |
| ChartMill Relative Strength | 87.92 | POSITIVE | MNTN has a high relative strength, it outperformed 87.92% 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) | UP | MIXED | The current price of MNTN is below 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) | 42.18 | NEUTRAL | The RSI value for MNTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MNTN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.87 | NEUTRAL | The Stochastics value for MNTN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.24 | HIGH VOLATILITY | The high ATR as a percentage value for MNTN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for MNTN suggests a possible start of a new 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)
20.89
+0.91 (+4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg4.55%
1 Week0.63%
2 Weeks-5.48%
1 Month-33.62%
3 Month-16.27%
6 Month85.03%
12 Month88.54%
2 Year98.76%
3 Year109.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%8.24%
ATR Inc31.34%
Range Today1.87
ADR(20)1.69
ADR(20)%8.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.92
Mansfield2.47
10 Day High23.25
10 Day Low19.25
20 Day High32
20 Day Low19.25
52 Week High32.49
52 Week Low11.09
CS1 End20.41
CR1 Start23
Volume & EV
DER(3)5.29%
DER(5)3.05%
Volume693.82K
Volume Incr-30.82%
Vol(5)586.87K
Vol(50)755.68K