MEGA MATRIX INC (MPU) Technical Analysis
NYSEARCA:MPU • KYG6005C1087
Current stock price
MPU Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MPU. MPU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 69% of all other stocks performed better in the past year than MPU.
- MPU is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MPU is lagging the market.
- In the last month MPU has a been trading in the 0.70 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MPU is an average performer in the Entertainment industry, it outperforms 57% of 79 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
MPU Weekly and Daily overview Charts
MPU Setup Rating and Analysis
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. We notice that large players showed an interest for MPU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MPU Support and Resistance Analysis
0.60
2 important support areas can be observed.
- A support zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.61 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.79 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.85 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.90 from a horizontal line in the daily time frame.
MPU Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MPU is down. |
| ChartMill Relative Strength | 31.23 | NEUTRAL | MPU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MPU is below a declining 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) | 40.14 | 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) | 14.33 | OVERSOLD | The low Stochastics value suggests MPU may be oversold. |
| Average True Range in percent/ATR (20) | 10.61 | HIGH VOLATILITY | The high ATR as a percentage value for MPU suggests high volalility. |
| Average Directional Index/ADX (14) | 27.46 | POSITIVE | The high ADX value value for MPU suggests a strong trend. |
MPU Chart- and CandleStick Pattern Analysis
MPU Technicals: Chart, Performance Metrics, Trend & Indicators
0.759
-0.01 (-0.69%)
MEGA MATRIX INC / MPU TA FAQ
Can you provide the ChartMill technical rating for MEGA MATRIX INC?
ChartMill assigns a technical rating of 0 / 10 to MPU.
What is the current trend direction of MEGA MATRIX INC (MPU) stock?
The current trend direction for MEGA MATRIX INC (MPU) is Bearish.
What is the RSI signal for MPU stock?
MEGA MATRIX INC (MPU) has an RSI value of 40.1384. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEGA MATRIX INC?
The MACD indicator for MEGA MATRIX INC (MPU) has a value of -0.0138876, indicating a bearish trend.
Can you provide the buy/sell signal for MEGA MATRIX INC?
The buy/sell signal for MEGA MATRIX INC (MPU) is sell as both the short term and long term trends are negative.