MOVADO GROUP INC (MOV) Stock Technical Analysis
USA - NYSE:MOV - US6245801062 - Common Stock
Overall MOV gets a technical rating of 5 out of 10. MOV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
MOV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MOV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.68
2 important support areas can be observed.
- A support zone ranging from 17.97 to 18.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.85 to 17.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.73 to 18.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.55 to 20.24. 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 MOV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOV is neutral. |
| ChartMill Relative Strength | 62.54 | NEUTRAL | MOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MOV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for MOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MOV has a positive trend. |
| Stochastics (14,3) | 53.08 | NEUTRAL | The Stochastics value for MOV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MOV suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for MOV suggests a weak or negative trend. |
18.63
-0.04 (-0.21%)
MOVADO GROUP INC / MOV FAQ
What is the technical rating for MOV stock?
ChartMill assigns a technical rating of 5 / 10 to MOV.
Can you provide the trend direction for MOVADO GROUP INC?
The current trend direction for MOVADO GROUP INC (MOV) is Bullish.
Can you provide the RSI signal for MOVADO GROUP INC?
MOVADO GROUP INC (MOV) has an RSI value of 53.4663. This indicates that the stock is currently neutral.
What is the MACD signal for MOVADO GROUP INC (MOV) stock?
The MACD indicator for MOVADO GROUP INC (MOV) has a value of 0.0490606, indicating a bearish trend.
What is the short term momentum for MOV stock?
The short term momentum for MOVADO GROUP INC (MOV) is neutral.