MANITEX INTERNATIONAL INC (MNTX)
US5634201082 - Common Stock
Taking everything into account, MNTX scores 7 out of 10 in our technical rating. Although MNTX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that MNTX is one of the better performing stocks in the market, outperforming 77% of all stocks.
MNTX is part of the Machinery industry. There are 132 other stocks in this industry, MNTX did better than 64% of them.
MNTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNTX is lagging the market.
In the last month MNTX has a been trading in the 5.09 - 7.85 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.
Besides having an excellent technical rating, MNTX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
3.76
7.53
3 important support areas can be observed.
- Support @5.63 from a trend line in the weekly time frame.
- Support @5.33 from a trend line in the daily time frame.
- Support @3.80 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @6.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.72 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.39 to 7.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.3
Mansfield-0.26
10 Day High7.85
10 Day Low5.78
20 Day High7.85
20 Day Low5.09
52 Week High9.16
52 Week Low3.72
Performance
1 Week1.08%
2 Weeks16.37%
1 Month11.04%
3 Month-2.1%
6 Month4.64%
12 Month37.11%
2 Year-5.08%
3 Year-9.54%
5 Year9.55%
10 Year-60.72%
15 Year660.47%
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)52.64
LBB5.05
UBB7.7
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.56 | 5.77 | 0.79 (12.04%) | 8.30% |
| An entry @6.56. This is a Buy Stop order right above the resistance zone. | An exit @5.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.79 points, which is 12.04%. | For a 1.00% total portfolio risk, you can invest 8.30% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MNTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MANITEX INTERNATIONAL INC
NASDAQ:MNTX (5/17/2024, 7:14:04 PM)
6.54
-0.19 (-2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.82%
1 Week1.08%
2 Weeks16.37%
1 Month11.04%
3 Month-2.1%
6 Month4.64%
12 Month37.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.74
ATR(20)%9.5%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.85
10 Day Low5.78
20 Day High7.85
20 Day Low5.09
52 Week High9.16
52 Week Low3.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume49.80K
Volume Incr55.12%
Vol(5)121.84K
Vol(50)67.07K