MOTORCAR PARTS OF AMERICA IN (MPAA) Stock Technical Analysis
NASDAQ:MPAA - Nasdaq - US6200711009 - Common Stock - Currency: USD
Taking everything into account, MPAA scores 7 out of 10 in our technical rating. In the last year, MPAA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MPAA has a been trading in the 9.45 - 12.72 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, MPAA did better than 90% of all other stocks. We also observe that the gains produced by MPAA over the past year are nicely spread over this period.
MPAA is part of the Automobile Components industry. There are 81 other stocks in this industry. MPAA outperforms 88% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
MPAA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MPAA is lagging the market.
Although MPAA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.54
11.72
When analyzing the support we can see 5 important areas.
- Support @9.71 from a horizontal line in the daily time frame.
- Support @8.64 from a horizontal line in the weekly time frame.
- Support @6.51 from a trend line in the weekly time frame.
- Support @6.31 from a trend line in the daily time frame.
- Support @5.60 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.10 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.85 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.60 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 | UP | POSITIVE | The long term trend for MPAA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MPAA is down. |
| ChartMill Relative Strength | 90.93 | POSITIVE | MPAA has a high relative strength, it outperformed 90.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MPAA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MPAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.65 | NEUTRAL | The RSI value for MPAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MPAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.84 | OVERSOLD | The low Stochastics value suggests MPAA may be oversold. |
| Average True Range in percent/ATR (20) | 6.75 | HIGH VOLATILITY | The high ATR as a percentage value for MPAA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for MPAA 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)
10.09
-0.06 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.59%
1 Week-4.81%
2 Weeks3.81%
1 Month-8.02%
3 Month7.91%
6 Month25.34%
12 Month63.53%
2 Year30.36%
3 Year-23.09%
5 Year-42.9%
10 Year-66.47%
15 Year58.15%
Volatility
ATR(14)0.75
ATR(20)%6.75%
ATR Inc-17.08%
Range Today0.52
ADR(20)0.68
ADR(20)%6.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.93
Mansfield2.07
10 Day High10.97
10 Day Low9.45
20 Day High12.72
20 Day Low9.45
52 Week High12.72
52 Week Low5.16
CS1 End9.71
CR1 Start10.1
Volume & EV
DER(3)0.09%
DER(5)-0.04%
Volume142.20K
Volume Incr-1.13%
Vol(5)193.98K
Vol(50)146.06K