MOTIVE CAPITAL CORP -CL A (MOTV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MOTV - Common Stock
Overall MOTV gets a technical rating of 7 out of 10. MOTV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that MOTV is one of the better performing stocks in the market, outperforming 71% of all stocks.
- A new 52 week high is currently being made by MOTV, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month MOTV has a been trading in the 9.10 - 10.89 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
Although MOTV 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
9.68
We found 1 important support area.
- A support zone ranging from 9.78 to 9.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.12 to 10.12. 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 | NEUTRAL | NEUTRAL | The long term trend for MOTV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOTV is up. |
| ChartMill Relative Strength | 71.48 | POSITIVE | MOTV has a high relative strength, it outperformed 71.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOTV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for MOTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MOTV has a positive trend. |
| Stochastics (14,3) | 62.17 | NEUTRAL | The Stochastics value for MOTV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for MOTV suggests some volalility. |
10.11
+0.22 (+2.22%)
MOTIVE CAPITAL CORP -CL A / MOTV FAQ
What is the technical rating for MOTV stock?
ChartMill assigns a technical rating of 7 / 10 to MOTV.
What is the trend direction for MOTV stock?
The current trend direction for MOTIVE CAPITAL CORP -CL A (MOTV) is Bearish.
What is the RSI signal for MOTV stock?
MOTIVE CAPITAL CORP -CL A (MOTV) has an RSI value of 62.9388. This indicates that the stock is currently neutral.
What is the MACD signal for MOTIVE CAPITAL CORP -CL A (MOTV) stock?
The MACD indicator for MOTIVE CAPITAL CORP -CL A (MOTV) has a value of 0.0216831, indicating a bearish trend.
Can you provide the short term momentum for MOTIVE CAPITAL CORP -CL A?
The short term momentum for MOTIVE CAPITAL CORP -CL A (MOTV) is positive.