MOMENTIVE GLOBAL INC (MNTV) Stock Technical Analysis
NASDAQ:MNTV - Nasdaq - US60878Y1082 - Common Stock - Currency: USD
Taking everything into account, MNTV scores 8 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, MNTV is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
MNTV has an average volume of 2320810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MNTV outperforms 61% of them, which is more or less in line with the market.
MNTV is part of the Software industry. There are 282 other stocks in this industry, MNTV did better than 51% of them.
MNTV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNTV is lagging the market.
In the last month MNTV has a been trading in a tight range between 9.34 and 9.46.
Volume is considerably higher in the last couple of days.
Although MNTV has an excellent technical rating, the quality of the presented setup is not ideal 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
6.53
9.55
We found 6 important support areas.
- A support zone ranging from 9.25 to 9.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.61 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.12 from a horizontal line in the daily time frame.
- Support @6.97 from a trend line in the daily time frame.
- Support @6.84 from a horizontal line in the weekly time frame.
- Support @6.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.46 to 9.46. 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 MNTV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNTV is up. |
| ChartMill Relative Strength | 61.75 | NEUTRAL | MNTV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNTV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.98 | OVERBOUGHT | The high RSI value suggests MNTV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MNTV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.78 | OVERBOUGHT | The high Stochastics value suggests MNTV may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for MNTV suggests low volalility. |
| Average Directional Index/ADX (14) | 50.46 | POSITIVE | The high ADX value value for MNTV 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)
9.45
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week0.43%
2 Weeks0.75%
1 Month0.64%
3 Month31.62%
6 Month20.54%
12 Month-25.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.25%
ATR Inc-42.47%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.75
Mansfield1.09
10 Day High9.46
10 Day Low9.38
20 Day High9.46
20 Day Low9.34
52 Week High13.48
52 Week Low5.14
CS1 End9.42
CR1 Start9.46
Volume & EV
DER(3)-0.78%
DER(5)-1.42%
Volume7.56M
Volume Incr134.34%
Vol(5)3.42M
Vol(50)2.32M