MOTORCAR PARTS OF AMERICA IN (MPAA) Stock Technical Analysis
NASDAQ:MPAA - Nasdaq - US6200711009 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to MPAA. Both in the recent history as in the last year, MPAA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MPAA is one of the better performing stocks in the market, outperforming 94% of all 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 92% of them.
MPAA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MPAA is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month MPAA has a been trading in the 9.45 - 12.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MPAA has an excellent technical rating, it does not present a decent entry opportunity 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
6.28
11.72
When analyzing the support we can see 5 important areas.
- A support zone ranging from 10.34 to 10.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.07 to 10.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.72 from a horizontal line in the daily time frame.
- Support @6.54 from a trend line in the weekly time frame.
- Support @6.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for MPAA is neutral. |
| ChartMill Relative Strength | 94.61 | POSITIVE | MPAA has a high relative strength, it outperformed 94.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPAA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPAA is above 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) | 61.14 | NEUTRAL | The RSI value for MPAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MPAA has a positive trend. |
| Stochastics (14,3) | 69.06 | NEUTRAL | The Stochastics value for MPAA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for MPAA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.85 | 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)
11.57
+0.37 (+3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg3.3%
1 Week14.67%
2 Weeks9.15%
1 Month2.12%
3 Month33.76%
6 Month49.48%
12 Month98.8%
2 Year28.99%
3 Year-23.22%
5 Year-30.49%
10 Year-60.95%
15 Year73.2%
Volatility
ATR(14)0.62
ATR(20)%6.56%
ATR Inc64.59%
Range Today1.17
ADR(20)0.76
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.61
Mansfield3.45
10 Day High11.78
10 Day Low9.45
20 Day High12.72
20 Day Low9.45
52 Week High12.72
52 Week Low5.16
CS1 End9.98
CR1 Start10.11
Volume & EV
DER(3)3.72%
DER(5)2.88%
Volume155.10K
Volume Incr246.74%
Vol(5)708.02K
Vol(50)210.63K