MOTORCAR PARTS OF AMERICA IN (MPAA) Stock Technical Analysis
NASDAQ:MPAA - Nasdaq - US6200711009 - Common Stock - Currency: USD
Overall MPAA gets a technical rating of 10 out of 10. 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MPAA did better than 94% of all other stocks. On top of that, MPAA also shows a nice and consistent pattern of rising prices.
MPAA is part of the Automobile Components industry. There are 80 other stocks in this industry. MPAA outperforms 91% of them.
MPAA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MPAA has a been trading in the 9.95 - 12.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MPAA has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
10.16
12.26
When analyzing the support we can see 3 important areas.
- Support @11.40 from a trend line in the daily time frame.
- A support zone ranging from 10.82 to 11.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.26 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for MPAA is up. |
| ChartMill Relative Strength | 94.22 | POSITIVE | MPAA has a high relative strength, it outperformed 94.22% 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) | 60.4 | NEUTRAL | The RSI value for MPAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MPAA has a positive trend. |
| Stochastics (14,3) | 74.96 | NEUTRAL | The Stochastics value for MPAA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for MPAA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for MPAA suggests a weak or negative 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)
12.14
+0.02 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.17%
1 Week9.76%
2 Weeks4.03%
1 Month17.29%
3 Month32.82%
6 Month70.51%
12 Month101.66%
2 Year35.34%
3 Year-19.44%
5 Year-27.07%
10 Year-59.03%
15 Year81.74%
Volatility
ATR(14)0.45
ATR(20)%4.48%
ATR Inc-8.76%
Range Today0.35
ADR(20)0.54
ADR(20)%4.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.22
Mansfield3.27
10 Day High12.41
10 Day Low10.51
20 Day High12.6
20 Day Low9.95
52 Week High12.72
52 Week Low5.16
CS1 End11.4
CR1 StartN/A
Volume & EV
DER(3)-0.24%
DER(5)0.18%
Volume101.03K
Volume Incr-64.31%
Vol(5)105.57K
Vol(50)226.44K