MOTG Technical Analysis - VANECK MSTAR GL WIDE MOAT

Technical Rating and Analysis

We assign a technical rating of 8 out of 10 to MOTG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MOTG is only an average performer.

Warning: MOTG has an average volume of 1092 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

MOTG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

When compared to the yearly performance of all other stocks, MOTG outperforms 64% of them, which is more or less in line with the market.

MOTG is part of the Automobile Components industry. There are 80 other stocks in this industry, MOTG did better than 50% of them.

In the last month MOTG has a been trading in a tight range between 43.18 and 45.34.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

VANECK MSTAR GL WIDE MOAT / MOTG Weekly stock chart

VANECK MSTAR GL WIDE MOAT / MOTG Daily stock chart

Setup Rating and Analysis

Although MOTG has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

35.26

45.79

We found 4 important support areas.

A support zone ranging from 43.25 to 44.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 42.34 to 42.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @37.27 from a trend line in the weekly time frame.
A support zone ranging from 35.62 to 36.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 45.01 to 45.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 MOTG is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MOTG is up.
ChartMill Relative Strength	64.88	NEUTRAL	MOTG is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MOTG is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MOTG is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of MOTG is above the rising SMA(200).
Relative Strength Index/RSI (14)	65.4	NEUTRAL	The RSI value for MOTG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests MOTG has a positive trend.
Stochastics (14,3)	87.05	OVERBOUGHT	The high Stochastics value suggests MOTG may be overbought.
Average True Range in percent/ATR (20)	0.66	LOW VOLATILITY	The low ATR as a percentage value for MOTG suggests low volalility.
Average Directional Index/ADX (14)	18.25	NEGATIVE	The low ADX value for MOTG suggests a weak or negative trend.