MOVADO GROUP INC (MOV)

US6245801062 - Common Stock

26.69  +0.64 (+2.46%)

Technical Rating and Analysis

0

Taking everything into account, MOV scores 0 out of 10 in our technical rating. MOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
69% of all other stocks performed better in the past year than MOV.
MOV is part of the Textiles, Apparel & Luxury Goods industry. There are 51 other stocks in this industry, MOV did better than 58% of them.
MOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOV is lagging the market.
In the last month MOV has a been trading in the 24.57 - 27.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MOV Weekly chart
MOV Daily chart
Setup Rating and Analysis

4

MOV has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

24.58

29.65

When analyzing the support we can see 3 important areas.

  • Support @26.66 from a trend line in the daily time frame.
  • A support zone ranging from 25.84 to 25.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 24.83 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 27.85 to 27.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 28.71 to 29.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.48
Mansfield-1.5
10 Day High26.64
10 Day Low25.42
20 Day High27.86
20 Day Low24.57
52 Week High31.44
52 Week Low23.94
Performance
1 Week0.23%
2 Weeks1.88%
1 Month-6.09%
3 Month-6.93%
6 Month-10.91%
12 Month2.24%
2 Year-23.22%
3 Year-6.06%
5 Year1.13%
10 Year-31.97%
15 Year243.67%
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)0.08
RSI(14)48.1
LBB24.71
UBB26.74
MOV Daily chart

MOVADO GROUP INC

NYSE:MOV (5/6/2024, 12:18:31 PM)

26.69

+0.64 (+2.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.46%
1 Week0.23%
2 Weeks1.88%
1 Month-6.09%
3 Month-6.93%
6 Month-10.91%
12 Month2.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%2.3%
ATR Inc
Range Today0.53
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 High26.64
10 Day Low25.42
20 Day High27.86
20 Day Low24.57
52 Week High31.44
52 Week Low23.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume43.46K
Volume Incr-44.46%
Vol(5)99.92K
Vol(50)240.58K