MEGA MATRIX INC (MPU) Stock Technical Analysis
NYSEARCA:MPU - NYSE Arca - KYG6005C1087 - Common Stock - Currency: USD
Overall MPU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MPU is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
MPU is one of the better performing stocks in the Entertainment industry, it outperforms 97% of 73 stocks in the same industry.
MPU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MPU is lagging the market slightly.
In the last month MPU has a been trading in the 1.52 - 4.44 range, which is quite wide. It is currently trading near the high of this range.
MPU has an average volume of 1036890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MPU is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although MPU has an excellent technical rating, it does not offer a high 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
3.74
3.82
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 | UP | POSITIVE | The long term trend for MPU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MPU is up. |
| ChartMill Relative Strength | 98.73 | POSITIVE | MPU has a high relative strength, it outperformed 98.73% 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) | UP | POSITIVE | The current price of MPU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MPU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.64 | NEUTRAL | The RSI value for MPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MPU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.88 | NEUTRAL | The Stochastics value for MPU is a neutral value. |
| Average True Range in percent/ATR (20) | 12.74 | HIGH VOLATILITY | The high ATR as a percentage value for MPU suggests high volalility. |
| Average Directional Index/ADX (14) | 57.33 | POSITIVE | The high ADX value value for MPU suggests a strong 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)
3.78
+0.12 (+3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg3.28%
1 Week0%
2 Weeks56.85%
1 Month150.33%
3 Month339.54%
6 Month346.33%
12 Month89%
2 Year302.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%12.74%
ATR Inc32.21%
Range Today0.37
ADR(20)0.47
ADR(20)%12.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.73
Mansfield15.8
10 Day High4.44
10 Day Low2.33
20 Day High4.44
20 Day Low1.52
52 Week High4.44
52 Week Low0.49
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.3%
DER(5)0.33%
Volume712.50K
Volume Incr0.83%
Vol(5)1.81M
Vol(50)1.04M