MEGA MATRIX INC (MPU) Stock Technical Analysis
NYSEARCA:MPU - NYSE Arca - KYG6005C1087 - Common Stock - Currency: USD
Taking everything into account, MPU scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MPU was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
79% of all other stocks performed better in the past year than MPU.
MPU is part of the Entertainment industry. There are 72 other stocks in this industry, of which 61% are performing better than MPU.
MPU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MPU is lagging the market.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month MPU has a been trading in the 0.78 - 1.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MPU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.77
1.42
We found 1 important support area.
- Support @0.78 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- Resistance @0.87 from a trend line in the daily time frame.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.95 from a trend line in the daily time frame.
- A resistance zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.26 from a trend line in the weekly time frame.
- Resistance @1.41 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 | DOWN | NEGATIVE | The long term trend for MPU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPU is neutral. |
| ChartMill Relative Strength | 21.9 | NEGATIVE | MPU has a low relative strength, it was outperformed by 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MPU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MPU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.22 | NEUTRAL | The RSI value for MPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MPU has a negative trend. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for MPU is a neutral value. |
| Average True Range in percent/ATR (20) | 10.15 | HIGH VOLATILITY | The high ATR as a percentage value for MPU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for MPU 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)
0.867
-0.02 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.14%
1 Week-8.36%
2 Weeks-4.73%
1 Month3.62%
3 Month34.07%
6 Month-56.21%
12 Month-57.08%
2 Year-33.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%10.15%
ATR Inc-8.36%
Range Today0.08
ADR(20)0.08
ADR(20)%9.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.9
Mansfield-4.08
10 Day High1.05
10 Day Low0.78
20 Day High1.05
20 Day Low0.78
52 Week High2.57
52 Week Low0.49
CS1 End0.78
CR1 Start0.87
Volume & EV
DER(3)-6.61%
DER(5)-4.36%
Volume110.20K
Volume Incr10.32%
Vol(5)249.26K
Vol(50)142.36K