MID PENN BANCORP INC (MPB)

US59540G1076 - Common Stock

20.99  +0.19 (+0.91%)

After market: 20.99 0 (0%)

Technical Rating and Analysis

2

Overall MPB gets a technical rating of 2 out of 10. MPB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
MPB is part of the Banks industry. There are 412 other stocks in this industry, of which 66% are performing better than MPB.
In the last month MPB has a been trading in the 19.20 - 21.47 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, MPB turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
MPB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MPB is lagging the market slightly.
Weekly and Daily overview Charts
MPB Weekly chart
MPB Daily chart
Setup Rating and Analysis

8

MPB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

18.36

25.00

2 important support areas can be observed.

  • A support zone ranging from 19.50 to 19.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 18.55 to 18.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 21.00 to 21.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @23.92 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 24.63 to 24.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.76
Mansfield-1.2
10 Day High21.47
10 Day Low19.62
20 Day High21.47
20 Day Low19.2
52 Week High25.92
52 Week Low18.32
Performance
1 Week0.05%
2 Weeks6.01%
1 Month5.9%
3 Month-2.69%
6 Month3.45%
12 Month4.27%
2 Year-23.59%
3 Year-25.57%
5 Year-12.54%
10 Year34.55%
15 Year-6.59%
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)0.11
RSI(14)58.26
LBB19.21
UBB21.49
MPB Daily chart

MID PENN BANCORP INC

NASDAQ:MPB (5/2/2024, 7:07:58 PM)

After market: 20.99 0 (0%)

20.99

+0.19 (+0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.91%
1 Week0.05%
2 Weeks6.01%
1 Month5.9%
3 Month-2.69%
6 Month3.45%
12 Month4.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.73
ATR(20)%2.97%
ATR Inc
Range Today0.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.47
10 Day Low19.62
20 Day High21.47
20 Day Low19.2
52 Week High25.92
52 Week Low18.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume27.70K
Volume Incr-20.5%
Vol(5)34.24K
Vol(50)31.21K