Overall MPU gets a technical rating of 1 out of 10. MPU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MPU is bad and it also does not present a 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.
0.77
We found 2 important support areas.
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 | 8.66 | NEGATIVE | MPU has a low relative strength, it was outperformed by 91.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MPU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MPU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.74 | NEUTRAL | The RSI value for MPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MPU has a positive trend. |
| Stochastics (14,3) | 85.24 | OVERBOUGHT | The high Stochastics value suggests MPU may be overbought. |
| Average True Range in percent/ATR (20) | 7.6 | HIGH VOLATILITY | The high ATR as a percentage value for MPU suggests high volalility. |
| Average Directional Index/ADX (14) | 33.88 | POSITIVE | The high ADX value value for MPU suggests a strong trend. |
1.34
+0.09 (+7.2%)
ChartMill assigns a technical rating of 1 / 10 to MPU.
The current trend direction for MEGA MATRIX INC (MPU) is Bearish.
MEGA MATRIX INC (MPU) has an RSI value of 65.7397. This indicates that the stock is currently neutral.
MEGA MATRIX INC (MPU) has a support level at 0.81. Check the full technical report for our detailed analysis of MPU support and resistance levels.