MID PENN BANCORP INC (MPB) Stock Technical Analysis
NASDAQ:MPB - Nasdaq - US59540G1076 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MPB. Although MPB has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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.
MPB is one of the better performing stocks in the Banks industry, it outperforms 79% of 398 stocks in the same industry.
In the last month MPB has a been trading in the 22.50 - 28.41 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MPB is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MPB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MPB 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
21.51
28.79
2 important support areas can be observed.
- A support zone ranging from 24.24 to 24.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.39 to 28.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.1
Mansfield0.81
10 Day High28.41
10 Day Low23.78
20 Day High28.41
20 Day Low22.5
52 Week High33.87
52 Week Low19.75
Performance
1 Week12.4%
2 Weeks11.95%
1 Month8.11%
3 Month-4.73%
6 Month-8.72%
12 Month36.05%
2 Year25.46%
3 Year9.87%
5 Year44.8%
10 Year82.04%
15 Year183.8%
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)
Technical Indicators
MACD(12,26,9)0.44
RSI(14)67.43
LBB23.06
UBB27.62
28.38
+1.33 (+4.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.92%
1 Week12.4%
2 Weeks11.95%
1 Month8.11%
3 Month-4.73%
6 Month-8.72%
12 Month36.05%
2 Year25.46%
3 Year9.87%
5 Year44.8%
10 Year82.04%
15 Year183.8%
Volatility
ATR(14)1.22
ATR(20)%3.9%
ATR Inc-11.59%
Range Today1.41
ADR(20)0.98
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.1
Mansfield0.81
10 Day High28.41
10 Day Low23.78
20 Day High28.41
20 Day Low22.5
52 Week High33.87
52 Week Low19.75
CS1 End24.54
CR1 Start28.39
Volume & EV
DER(3)4.45%
DER(5)2.06%
Volume136.00K
Volume Incr-15.02%
Vol(5)107.94K
Vol(50)91.91K