MODEL PERFORMANCE ACQUISITIO (MPACU) Technical Analysis
NASDAQ:MPACU • VGG6246M1133
Current stock price
MPACU Technical Rating and Analysis
Overall MPACU gets a technical rating of 1 out of 10. MPACU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, MPACU is a bad performer in the overall market: 100% of all stocks are doing better.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: MPACU has an average volume of 4112 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MPACU is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MPACU has a been trading in the 7.04 - 13.05 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MPACU Weekly and Daily overview Charts
MPACU Setup Rating and Analysis
The technical rating of MPACU is bad and it also does not present a 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
MPACU Support and Resistance Analysis
7.89
2 important resistance areas can be observed.
- A resistance zone ranging from 10.33 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.47 from a horizontal line in the daily time frame.
MPACU Technical Indicator Signal Analysis
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 MPACU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPACU is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MPACU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPACU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MPACU is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.61 | NEUTRAL | The RSI value for MPACU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MPACU has a negative trend. |
| Stochastics (14,3) | 38.75 | NEUTRAL | The Stochastics value for MPACU is a neutral value. |
| Average True Range in percent/ATR (20) | 13.94 | HIGH VOLATILITY | The high ATR as a percentage value for MPACU suggests high volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for MPACU suggests a weak or negative trend. |
MPACU Chart- and CandleStick Pattern Analysis
MPACU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MPACU (1/4/2023, 8:19:43 PM)
7.97
-2.07 (-20.62%)
MODEL PERFORMANCE ACQUISITIO / MPACU TA FAQ
What is the technical rating for MPACU stock?
ChartMill assigns a technical rating of 1 / 10 to MPACU.
What is the trend direction for MPACU stock?
The current trend direction for MODEL PERFORMANCE ACQUISITIO (MPACU) is Bearish.
Can you provide the RSI signal for MODEL PERFORMANCE ACQUISITIO?
MODEL PERFORMANCE ACQUISITIO (MPACU) has an RSI value of 35.6057. This indicates that the stock is currently neutral.
What is the MACD signal for MODEL PERFORMANCE ACQUISITIO (MPACU) stock?
The MACD indicator for MODEL PERFORMANCE ACQUISITIO (MPACU) has a value of -0.209022, indicating a bearish trend.
Can you provide the short term momentum for MODEL PERFORMANCE ACQUISITIO?
The short term momentum for MODEL PERFORMANCE ACQUISITIO (MPACU) is neutral.