MOVADO GROUP INC (MOV) Stock Technical Analysis
NYSE:MOV - US6245801062 - Common Stock
18.27 USD
+0.43 (+2.41%)
18.2 USD
-0.07 (-0.38%)
Overall MOV gets a technical rating of 6 out of 10. In the last year, MOV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
80% of all other stocks performed better in the past year than MOV.
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.
In the last month MOV has a been trading in the 15.09 - 18.34 range, which is quite wide. It is currently trading near the high of this range.
MOV is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, MOV did better than 55% 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.
Volume is considerably higher in the last couple of days.
MOV has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.70
18.45
We found 3 important support areas.
- A support zone ranging from 16.22 to 16.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.57 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.85 from a horizontal line in the daily time frame.
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 MOV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOV is up. |
| ChartMill Relative Strength | 20.97 | NEGATIVE | MOV has a low relative strength, it was outperformed by 79.03% off all stocks 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) | UP | POSITIVE | The current price of MOV is above the rising 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) | 72.63 | OVERBOUGHT | The high RSI value suggests MOV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MOV has a positive trend. |
| Stochastics (14,3) | 97.73 | OVERBOUGHT | The high Stochastics value suggests MOV may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for MOV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for MOV suggests a possible start of a new trend. |
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)
18.27
+0.43 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.41%
1 Week5.24%
2 Weeks14.55%
1 Month20.99%
3 Month12.78%
6 Month-5.39%
12 Month-23.43%
2 Year-33.2%
3 Year-42.71%
5 Year67.46%
10 Year-35.46%
15 Year80.18%
Volatility
ATR(14)0.55
ATR(20)%2.64%
ATR Inc77.61%
Range Today0.39
ADR(20)0.45
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.97
Mansfield-0.6
10 Day High18.34
10 Day Low15.7
20 Day High18.34
20 Day Low15.09
52 Week High23.71
52 Week Low12.85
CS1 End16.44
CR1 StartN/A
Volume & EV
DER(3)1.03%
DER(5)1.12%
Volume240.90K
Volume Incr58.14%
Vol(5)195.40K
Vol(50)143.61K